NYSEARCA:SKF

ProShares UltraShort Financials (SKF) Price, Holdings, & News

$12.43
-0.19 (-1.51%)
(As of 04/23/2024 ET)
Today's Range
$12.42
$12.54
50-Day Range
$11.82
$14.01
52-Week Range
$11.77
$21.51
Volume
87,010 shs
Average Volume
36,907 shs
Market Capitalization
$16.41 million
Assets Under Management
$17.00 million
Dividend Yield
0.08%
Net Expense Ratio
0.95%

About ProShares UltraShort Financials

ProShares UltraShort Financials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges. It takes positions in securities and financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index.

SKF Stock Price History

SKF ETF News Headlines

ProShares UltraShort Financials (SKF)
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
SKF ETF Stock Price History
SKF - ProShares UltraShort Financials
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Even the Smallest Banks Make a Difference
See More Headlines
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Fund Details

Issuer
ProShares
Fund Name
ProShares UltraShort Financials
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SKF
Inception Date
1/30/2007
Fund Manager
Michael Neches, Tarak Dave

Fund Focus

Asset Class
Equity
Benchmark
S&P Financial Select Sector Index
Category
Sector
Focus
Financials
Development Level
Developed Markets
Region
North America
Number of Holdings
27

Fund Statistics

Assets Under Management
$17.00 million
Average Daily Volume
$43,361.40
Discount/Premium
0.01%
Leveraged
-2.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
11
Put Options
1
Call Options
10
Short Interest
36,800 shs

Miscellaneous

Beta
-1.76
Creation Unit
25,000
Creation Fee
$250.00
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ProShares UltraShort Financials Expenses

TypeSKFFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.50%0.54%0.50%0.51%
Other Expenses0.75%1.74%0.54%0.64%0.58%
Total Expense1.50%1.26%0.70%0.74%0.70%
Fee Waiver-0.55%-0.48%-0.55%-0.68%-0.57%
Net Expense0.95%1.16%0.60%0.57%0.58%

ProShares UltraShort Financials (SKF) Holdings

Top 9 SKF Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • FINANCIAL SELECT SECTOR INDEX SWAP CITIBANK NA
    Holding Weight: -5.62%
  • FINANCIAL SELECT SECTOR INDEX SWAP UBS AG
    Holding Weight: -15.12%
  • FINANCIAL SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: -34.82%
  • FINANCIAL SELECT SECTOR INDEX SWAP BNP PARIBAS
    Holding Weight: -34.91%
  • FINANCIAL SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
    Holding Weight: -37.23%
  • FINANCIAL SELECT SECTOR INDEX SWAP SOCIETE GENERALE
    Holding Weight: -71.95%

Key Executives

  • Michael L. Sapir (Age 57)
    Chairman of ProShares Trust
  • Louis M. Mayberg (Age 53)
    President of ProShares Trust
  • Victor M. Frye Esq. (Age 56)
    Chief Compliance Officer and AML Officer of ProShares Trust
  • Simon D. Collier (Age 51)
    Treasurer of ProShares Trust
  • Gary A. Casagrande (Age 40)
    Assistant Treasurer of ProShares Trust
  • Charles S. Todd (Age 41)
    Assistant Treasurer of ProShares Trust
  • Stephenie Adams (Age 43)
    Acting Secretary of ProShares Trust
  • Gregory Pickard Esq. (Age 48)
    Assistant Secretary of ProShares Trust
  • Russell S. Reynolds III (Age 55)
    Trustee of ProShares Trust
  • Michael C. Wachs (Age 51)
    Trustee of ProShares Trust

SKF ETF - Frequently Asked Questions

How have SKF shares performed in 2024?

ProShares UltraShort Financials' stock was trading at $14.71 at the beginning of 2024. Since then, SKF stock has decreased by 15.5% and is now trading at $12.43.
View the best growth stocks for 2024 here
.

What does SKF invest in?

ProShares UltraShort Financials is a equity fund issued by ProShares. SKF focuses on financials investments and follows the S&P Financial Select Sector Index. The fund's investments total to approximately $17.00 million assets under management.

What is the management fee for ProShares UltraShort Financials?

ProShares UltraShort Financials' management fee is 0.75% and has other expenses of 0.75%. However, SKF has a fee waiver of -0.55% to reimburse the expenses. The net expense ratio for SKF is 0.95%.

When did ProShares UltraShort Financials' stock split?

Shares of ProShares UltraShort Financials reverse split on Thursday, January 13th 2022. The 1-2 reverse split was announced on Thursday, January 13th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

What other stocks do shareholders of ProShares UltraShort Financials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraShort Financials investors own include Walt Disney (DIS), Etsy (ETSY), Advanced Micro Devices (AMD), Clorox (CLX), Copart (CPRT), Vanguard Extended Duration Treasury ETF (EDV), Enterprise Products Partners (EPD), Fortinet (FTNT), Gilead Sciences (GILD) and SPDR Gold Shares (GLD).

How do I buy shares of ProShares UltraShort Financials?

Shares of SKF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SKF) was last updated on 4/23/2024 by MarketBeat.com Staff

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