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A New S&P 500 ETF That Excludes Fossil Fuels
Wednesday, December 2, 2015 - 9:28am | 583Read More...These are not go-go days for producers of fossil fuels. Not only are oil prices residing at multi-year lows, but coal is in the tank with several coal companies already declaring bankruptcy and perhaps more to follow. Additionally, the “ex-fossil fuels” investment theme is gaining...
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ProShares Releases 2 New Leveraged Biotech ETFs
Tuesday, June 23, 2015 - 3:38pm | 581Read More...ProShares has always been a fund company that isn’t afraid to introduce new products designed to maximize short-term moves in the market. Two of their latest ETFs are aiming to capitalize on the red-hot biotech space. On Tuesday, the Proshares UltraPro NASDAQ Biotechnology (NASDAQ: UBIO)...
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ProShares Unveils New High-Yield CDS ETFs
Thursday, August 7, 2014 - 4:29pm | 403Read More...ProShares is one of the leading providers of alternative ETF strategies designed to supplement core holdings in an investor's portfolio. Its current lineup of 145 funds includes: inverse, leverage, volatility, fixed-income and a range of unconventional ETF indexes. It just launched two new...
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ProShares to Split 15 ETFs
Sunday, May 26, 2013 - 8:53am | 369Read More...ProShares, the largest sponsor of leveraged ETFs, said seven of its ETFs will undergo traditional, forward splits while another eight will be subject to reverse splits. Maryland-based ProShares made the announcement in a statement released after the close of U.S. markets Friday. The seven...
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ProShares to List Merger ETF on BATS Exchange
Tuesday, December 11, 2012 - 8:19am | 316Read More...ProShares, the largest issuers of inverse and leveraged ETFs, will list its newest ETF, the ProShares Merger ETF, on the BATS exchange when the ETF debuts on Thursday, December 13. The ProShares Merger ETF will trade on BATS under the ticker "MRGR." MRGR, which appears to be a competitor to the...
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ProShares Says No Cap Gains For Its ETFs
Thursday, November 29, 2012 - 5:52pm | 422Read More...ProShares, the largest issuer of leveraged ETFs, said Thursday that it expects that none of its 117 equity and fixed income ETFs will pay any 2012 capital gain distributions. Distributions are paid to investors from the capital gains of the firm's investment portfolio. For example, when a mutual...
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ProShares Looking to Join Self-Indexing Movement
Tuesday, October 30, 2012 - 6:56pm | 422Read More...ProShares, the largest sponsor of inverse and leveraged ETFs, has filed a request with the Securities and Exchange Commission to use its own indexes for its ETFs. Maryland-based ProShares is the latest ETF sponsor to show interest in self-indexing. Van Eck, parent company of Market Vectors, and...
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Direxion Files for Leveraged Dow ETFs
Wednesday, August 15, 2012 - 2:21pm | 244Read More...Direxion, the second-largest issuer of inverse and leveraged ETFs, has filed plans with the Securities and Exchange Commission to (possibly) introduce six new leveraged funds. The news comes less than two weeks after the firm announced it will shutter nine of its funds because those products have...
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ProShares Adds 2 Leveraged Financial Services ETFs
Thursday, July 12, 2012 - 7:40am | 320Read More...ProShares, the largest issuer of inverse and leveraged ETFs, is issuing a challenge to rival Direxion today with the introduction of two new triple-leveraged ETFs tracking the financial services sector. The new ProShares funds are the ProShares UltraPro Financial ETF (NYSE: FINU) and the...
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4 Inverse ETFs For Sell In May (BZQ, DZZ, FXP)
Friday, May 4, 2012 - 2:22pm | 681Read More...May 4 is turning out to be one of those days that are good for one thing: Helping traders and investors come to grips with reality and the realities in this case are two-fold. First, it's unfortunately obvious that caution, not ebullience is the order of the day when it comes to U.S. economic data...
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ProShares Announces 11 Reverse Splits
Wednesday, April 25, 2012 - 12:15pm | 487Read More...Maryland-based ProShares, the largest issuer of inverse and leveraged ETFs and sixth-largest U.S. issuer overall, announced share splits for six of its funds and reverse splits for 11 of its products. ProShares will split four of its ETFs on a 2-for-1 basis. Those funds are as follows: The...
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ProShares Files For Arbitrage, Private Equity ETFs (PSP, MNA)
Monday, April 2, 2012 - 2:22pm | 193Read More...ProShares, the fifth-largest U.S. ETF issuer by assets at the end of February, has filed plans with the Securities and Exchange Commission to possibly introduce two new ETFs that would expand the company's lineup of non-leveraged and non-inverse products. Maryland-based ProShares has filed plans...
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ProShares Ultra VIX ETF to Reverse Split 6-for-1 (UVXY)
Monday, February 27, 2012 - 11:02am | 154Read More...ProShares, the fourth-largest U.S. ETF issuer and the largest issuer of leveraged and inverse funds, said it reverse split the ProShares Ultra VIX Short-Term Futures ETF (NYSE: UVXY) on a six-for-one basis. UVXY will reverse split 1-for-6. The reverse split will apply to shareholders of record...
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These Leveraged ETFs Are Worth The Risk Now
Monday, January 30, 2012 - 3:31pm | 713Read More...No, leveraged ETFs aren't perfect. Far from it as a matter of fact. However, this often derided subsector of the ETF universe is known for something else besides controversy: Big gains in short periods of time. Obviously, that also means the potential for large losses exists. And it pays to...
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ProShares Files For 7 Index Volatility ETFs
Thursday, December 22, 2011 - 1:10pm | 274Read More...ProShares, the largest issuer of inverse and leveraged ETFs, has filed plans with the Securities and Exchange Commission (SEC) to possibly introduce seven new volatility target ETFs. The ProShares NASDAQ-100 – 15% Volatility Target ETF will track the NASDAQ 100 – 15% Volatility Index and is...
