ProShares UltraShort Materials (SMN) Price, Holdings, & News

ETF Overview

ProShares UltraShort Basic Materials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. Component companies are involved in the production of aluminum, steel, non-ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index. The Index is a price return index. The Fund's investment advisor is ProShare Advisors LLC.

Key Stats

• Today's Range: $13.89 to $14.18
• 50-Day Range: $12.95 to $15.06
• 52-Week Range: $12.41 to $21.31
• Volume: 2,524 shs
• Average Volume: 4,971 shs
• Market Capitalization: $831.90 thousand
• Assets Under Management: $783.48 thousand
• Dividend Yield: 5.48%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

SMN ETF - Frequently Asked Questions

How have SMN shares performed this year?

ProShares UltraShort Materials' stock was trading at $16.62 on January 1st, 2025. Since then, SMN stock has decreased by 16.6% and is now trading at $13.8650.

When did ProShares UltraShort Materials' stock split?

ProShares UltraShort Materials's stock reverse split on Thursday, November 7th 2024.The 1-2 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

How do I buy shares of ProShares UltraShort Materials?

Shares of SMN 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.

What other stocks do shareholders of ProShares UltraShort Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares UltraShort Materials investors own include Affirm (AFRM), Zscaler (ZS), Walt Disney (DIS), Milestone Scientific (MLSS), Advanced Micro Devices (AMD), Applied DNA Sciences (APDN) and BILL (BILL).

Fund Details

• Issuer: ProShares
• Fund Name: ProShares UltraShort Materials
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:SMN
• Inception Date: 1/30/2007
• Fund Manager: Michael Neches, Tarak Dave
• Web: www.proshares.com
• Phone: +1-240-4976400

Fund Focus

• Asset Class: Equity
• Benchmark: S&P Materials Select Sector Index
• Category: Sector
• Focus: Materials
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 24

Fund Statistics

• Assets Under Management: $783.48 thousand
• Average Daily Volume: $2.79 thousand
• Discount/Premium: 0.02%
• Leveraged: -2.00

Administrator, Advisor and Custodian

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

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 2
• Call Options: 1
• Short Interest: 5,300 shs

Miscellaneous

• Outstanding Shares: 60,000
• Beta: -2.11
• Creation Unit: 25,000
• Creation Fee: $250.00