ProShares UltraPro Russell2000 (the Fund) seeks daily investment results that correspond to three times (300%) the daily performance of Russell 2000 Index (the Index). The Fund seeks investment results for a single day only, not for longer periods. The Index is a measure of small-cap United States stock market performance. It is a float-adjusted market capitalization weighted index containing approximately 2,000 of the smallest companies in the Russell 3000 Index or approximately 8% of the total market capitalization of the Russell 3000 Index, which in turn represents approximately 98% of the investable United States equity market. All United States companies listed on the NYSE or NASDAQ meeting an initial minimum ($1) price are considered for inclusion. Reconstitution occurs annually. The Fund invests in equities, derivatives and money market instruments. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares UltraPro Russell2000
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:URTY
Inception Date2/9/2010
Fund ManagerMichael Neches, Devin Sullivan
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkRussell 2000 TR USD
CategorySize and Style
FocusSmall Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$182.41 million
Average Daily Volume$105,056.00
Discount/Premium2.72%
ETF Expenses
Management Fee0.75%
Other Expenses0.83%
Total Expenses1.58%
Fee Waiver-0.63%
Net Expenses0.95%
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 Russell2000 (NYSEARCA:URTY) Frequently Asked Questions
What is ProShares UltraPro Russell2000's stock symbol?
ProShares UltraPro Russell2000 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "URTY."
What is the consensus analysts' recommendation for ProShares UltraPro Russell2000?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProShares UltraPro Russell2000 in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Has ProShares UltraPro Russell2000 been receiving favorable news coverage?
Media coverage about URTY stock has been trending very positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ProShares UltraPro Russell2000 earned a coverage optimism score of 0.51 on Accern's scale. They also assigned media coverage about the company an impact score of 48.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
How do I buy shares of ProShares UltraPro Russell2000?
Shares of URTY 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, Scottrade, Fidelity and Charles Schwab.
What is ProShares UltraPro Russell2000's stock price today?
One share of URTY stock can currently be purchased for approximately $106.17.
MarketBeat Community Rating for ProShares UltraPro Russell2000 (NYSEARCA URTY)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraPro Russell2000 and other stocks. Vote "Outperform" if you believe URTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe URTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
