ProShares UltraShort Silver (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares UltraShort Silver
Tax ClassificationPartnership
SymbolNYSEARCA:ZSL
Inception Date12/1/2008
Fund ManagerJeffrey Ploshnick
Phone+1-240-4976400
Fund Focus
Asset ClassCommodities
BenchmarkLondon Fix Silver PR USD
CategoryPrecious Metals
FocusSilver
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$29.75 million
Average Daily Volume$26,944.00
Discount/Premium-3.24%
ETF Expenses
Management Fee0.95%
Other Expenses0.72%
Total Expenses1.67%
Fee Waiver0.00%
Net Expenses1.67%
Administrator, Advisor and Custodian
AdministratorBrown Brothers Harriman & Co.
Advisor
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Transfer AgentBrown Brothers Harriman & Co.
TrusteeWilmington Trust Company
Lead Market MakerVirtu Financial
ProShares UltraShort Silver (NYSEARCA:ZSL) Frequently Asked Questions
What is ProShares UltraShort Silver's stock symbol?
ProShares UltraShort Silver trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "ZSL."
Has ProShares UltraShort Silver been receiving favorable news coverage?
News headlines about ZSL stock have been trending very positive on Monday, InfoTrie Sentiment reports. The research group rates the sentiment of media 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 UltraShort Silver earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news articles about the exchange traded fund a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are ProShares UltraShort Silver's key executives?
ProShares UltraShort Silver's management team includes the folowing people:
- Louis M. Mayberg, Principal Executive Officer (Age 53)
- Edward J. Karpowicz, Principal Financial Officer (Age 49)
Who are ProShares UltraShort Silver's major shareholders?
ProShares UltraShort Silver's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (24.39%).
Which institutional investors are buying ProShares UltraShort Silver stock?
ZSL stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC.
How do I buy shares of ProShares UltraShort Silver?
Shares of ZSL 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 UltraShort Silver's stock price today?
One share of ZSL stock can currently be purchased for approximately $41.85.
What is ProShares UltraShort Silver's official website?
How can I contact ProShares UltraShort Silver?
ProShares UltraShort Silver's mailing address is , Bethesda, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares UltraShort Silver (NYSEARCA ZSL)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort Silver and other stocks. Vote "Outperform" if you believe ZSL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ZSL will underperform the S&P 500 over the long term. You may vote once every thirty days.
