Highlights
AMEX: LTL       Ultra Telecommunications Proshares
Last Price Today's Change   Day's Range   Trading Volume
40.778   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):1,173
4 Weeks Range:39.53 - 41.59
4 Weeks Price Volatility (%):
98.05%
52 Weeks Range:29.37 - 46.00
52 Weeks Price Volatility (%):
88.65%
Average Price Target:-

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Business Background

ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers. Mobile includes cellular, satellite and paging services. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.

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