The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index.
Basic Details
Issuer ProShares
Fund NameProShares UltraPro Short S&P 500
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SPXU
Inception Date6/23/2009
Fund ManagerMichael Neches, Devin Sullivan
WebN/A
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkS&P 500 Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$651.70 million
Average Daily Volume$6.10 million
Discount/Premium0.02%
ETF Expenses
Management Fee0.75%
Other Expenses0.15%
Total Expenses0.90%
Fee Waiver0.00%
Net Expenses0.90%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerVirtu Financial
ProShares UltraPro Short S&P 500 (NYSEARCA:SPXU) Frequently Asked Questions
What is ProShares UltraPro Short S&P 500's stock symbol?
ProShares UltraPro Short S&P 500 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SPXU."
How often does ProShares UltraPro Short S&P 500 pay dividends? What is the dividend yield for ProShares UltraPro Short S&P 500?
ProShares UltraPro Short S&P 500 announced a -- dividend on Wednesday, September 25th. Investors of record on Thursday, September 26th will be given a dividend of $0.1116 per share on Wednesday, October 2nd. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, September 25th. View ProShares UltraPro Short S&P 500's Dividend History.
When did ProShares UltraPro Short S&P 500's stock split? How did ProShares UltraPro Short S&P 500's stock split work?
Shares of ProShares UltraPro Short S&P 500 reverse split on Thursday, May 24th 2018. The 1-4 reverse split was announced on Wednesday, May 9th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 23rd 2018. An investor that had 100 shares of ProShares UltraPro Short S&P 500 stock prior to the reverse split would have 25 shares after the split.
Has ProShares UltraPro Short S&P 500 been receiving favorable news coverage?
Media stories about SPXU stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ProShares UltraPro Short S&P 500 earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines about the exchange traded fund a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for ProShares UltraPro Short S&P 500.
What other stocks do shareholders of ProShares UltraPro Short S&P 500 own?
How do I buy shares of ProShares UltraPro Short S&P 500?
Shares of SPXU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is ProShares UltraPro Short S&P 500's stock price today?
One share of SPXU stock can currently be purchased for approximately $25.46.
How big of a company is ProShares UltraPro Short S&P 500?
How can I contact ProShares UltraPro Short S&P 500?
ProShares UltraPro Short S&P 500's mailing address is SUITE 1000, 7501 WISCONSIN AVENUE, BETHESDA, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares UltraPro Short S&P 500 (NYSEARCA SPXU)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraPro Short S&P 500 and other stocks. Vote "Outperform" if you believe SPXU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPXU will underperform the S&P 500 over the long term. You may vote once every thirty days.
