Thursday, October 13, 2011 11:49:26 AM
ProShares, the world's largest provider of leveraged and inverse funds, will do 1-for-3 reverse share splits on three of its double-exposure inverse funds, effective Oct. 13, the New York Stock Exchange said.
The funds are:
• ProShares UltraShort Real Estate ETF (NYSEArca:SRS - News)
• ProShares UltraShort Utilities ETF (NYSEArca:SDP - News)
• ProShares UltraShort Yen ETF (NYSEArca:YCS - News)
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