SureTrader SPDR Advertisement
Home > Boards > Other Markets > ETFs >

ProShares UltraPro Short S&P500 (SPXU)

SPXU RSS Feed
Add SPXU Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator deadjim
Search This Board:
Last Post: 8/27/2015 12:07:22 AM - Followers: 16 - Board type: Free - Posts Today: 1

ProShares Launches ETFs to Provide Triple Exposure to S&P 500
July 1, 2009

ProShares Launches First ETFs to Provide Triple Exposure to S&P 500

ProFunds Group, the world’s largest manager of short and leveraged funds1, announced today that it is launching the first ETFs designed to seek triple exposure to the S&P 500 on a daily basis. ProShares UltraPro S&P500 (UPRO) seeks 300% of the performance of the S&P 500 for a single day, while ProShares UltraPro Short S&P500 (SPXU) seeks 300% of the inverse performance of the S&P 500 for a single day (before fees and expenses). The new ETFs will be listed on NYSE Arca today.

“The S&P 500 has the largest following in the ETP industry with nearly $90 billion of assets benchmarked to it,” said Michael L. Sapir, ProFunds Group Chairman and CEO. “As the leader in short and leveraged ETFs, we are committed to giving investors more choices to manage risk and pursue returns.”

About ProFunds Group

ProFunds Group includes 86 ProShares short and leveraged ETFs, and 115 ProFunds mutual funds. ProShares, which introduced the first short and leveraged ETFs in 2006, continues to be a leader in launching innovative new products—for two years in a row, ProShares has led the industry in attracting assets to newly launched ETFs2 and is the fourth largest manager of ETFs3 in the nation. Since 1997, ProFunds mutual funds have provided investors with access to sophisticated investment strategies, with offerings that include funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline. The group also manages the Canada-based Horizons BetaPro ETFs.

[chart]stockcharts.com/c-sc/sc?s=SPXU&p=D&b=5&g=0&i=t45100127534&r=4326[/chart]



  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
SPXU
Current Price
Volume:
Bid Ask Day's Range
Wiki
PostSubject
#91   Boom blindjohn 08/27/15 12:07:22 AM
#90   Here we go... Shaka_Zulu 07/08/15 06:11:24 AM
#89   I am in in SPXU. trade_stocks_daily 07/02/15 09:09:31 AM
#88   Time to hedge hard! Shaka_Zulu 06/12/15 05:18:48 PM
#87   no...the others I listed are more attractive to me starbuxsux 02/03/15 12:30:36 PM
#86   You da man thanks, and thanks for showing drupac 02/03/15 12:29:45 PM
#85   I don't think the percentages are equal opposite starbuxsux 02/03/15 12:25:15 PM
#84   Soo if the s&p goes up 1% this drupac 02/03/15 12:22:38 PM
#83   This will go the opposite direction the S&P500 starbuxsux 02/02/15 07:42:17 AM
#82   Can anyone explain how this stock works to drupac 01/11/15 05:02:48 PM
#81   Target 22 - 24 before it runs... Maybe Shaka_Zulu 01/02/15 05:47:32 PM
#80   The increase in volume throughout the past weeks Maliszewski20 10/11/14 12:38:21 PM
#79   October gonna be blood in the river Good time Shaka_Zulu 10/01/14 11:41:32 AM
#78   Chart Link zsvq1p 02/14/14 07:43:58 AM
#77   Up up and away.. zsvq1p 02/03/14 02:11:40 PM
#76   Now up 4%.. zsvq1p 01/27/14 01:43:48 PM
#75   Wall Street falls as emerging-market concerns rise zsvq1p 01/26/14 10:02:45 AM
#74   gdl.. I appreciate your comments. zsvq1p 01/18/14 06:19:14 AM
#73   Not necessarily. This was the old rule gdl 01/18/14 12:14:23 AM
#72   Not necessarily. This was the old rule gdl 01/18/14 12:14:09 AM
#71   Joanne Klein... S&P 500 zsvq1p 01/13/14 07:31:21 AM
#70   Maybe here? zsvq1p 12/17/13 12:18:00 PM
#69   Quantitative Easing will eventually lead to inflation - zsvq1p 12/17/13 07:49:48 AM
#68   At break even as today. I add more. zsvq1p 12/06/13 01:23:05 PM
#67   Are Democrats backing the GOP into another government shutdown? zsvq1p 12/06/13 01:21:36 PM
#66   David Larew - What Ben has done zsvq1p 12/02/13 08:05:20 PM
#65   Joanne Klein zsvq1p 12/02/13 07:56:05 PM
#64   POKERSAM zsvq1p 11/24/13 07:46:22 PM
#63   The Great Unwind zsvq1p 11/24/13 06:57:52 AM
#62   That big jump in this ETF in 2011?? zsvq1p 11/24/13 06:31:29 AM
#61   Good move.. What are you thinking right now? zsvq1p 11/22/13 04:12:50 PM
#60   This is what I am thinking... zsvq1p 11/22/13 03:52:32 PM
#59   CHART zsvq1p 11/22/13 03:27:31 PM
#58   I think the key change will happen.... zsvq1p 11/22/13 03:18:53 PM
#57   A big market drop could certainly be coming rayank 11/22/13 01:27:13 PM
#56   When it hits... it likely is going to zsvq1p 11/22/13 01:21:49 PM
#55   Yeah, I am still in and thinking about rayank 11/22/13 01:17:15 PM
#54   Seems like this might be time huh? zsvq1p 11/22/13 01:13:29 PM
#53   I am still in this and almost even, rayank 10/04/13 04:29:15 PM
#52   Costco stores are packed, trying to buy enough BYUINSDER 10/04/13 01:25:43 PM
#51   As of right now my stop loss would rayank 09/16/13 08:48:53 AM
#50   Yes, I am using a stop/loss. :-) rayank 09/12/13 06:50:23 PM
#49   Longer term, cycle low Sept 23 BYUINSDER 09/12/13 06:40:38 PM
#48   Well I got in this once again after rayank 09/12/13 06:38:08 PM
#47   Transport index, has weaken. BYUINSDER 09/12/13 06:35:20 PM
#46   So let it begin tomorrow. :-) rayank 09/12/13 06:32:11 PM
#45   Sept 16 my target date for low on BYUINSDER 09/06/13 04:01:27 PM
#44   Sept 16 Spxu above $25 Went short on BYUINSDER 09/04/13 10:54:23 AM
#43   I'm thinking more like 25k. trunkmonk 08/10/13 11:27:16 AM
#42   As i can see in your post the the_little_farmer 08/02/13 11:23:00 PM
PostSubject