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NYSEARCA:SDP

ProShares UltraShort Utilities (SDP) Price, Holdings, & News

$8.23
+0.18 (+2.24%)
(As of 11/4/2024 ET)

About ProShares UltraShort Utilities (NYSEARCA:SDP)

Key Stats

Today's Range
$8.16
$8.35
50-Day Range
$7.28
$8.81
52-Week Range
$7.25
$14.51
Volume
91,620 shs
Average Volume
25,789 shs
Market Capitalization
$606,715.60
Assets Under Management
$3.04 million
Dividend Yield
0.73%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

ProShares UltraShort Utilities (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Utilities Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. 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.

ProShares UltraShort Utilities Expenses

TypeSDPUtilities ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.42%0.55%0.51%0.52%
Other Expenses2.62%0.63%0.49%0.58%0.53%
Total Expense3.37%0.73%0.71%0.73%0.71%
Fee Waiver-2.42%-0.87%-0.52%-0.67%-0.57%
Net Expense0.95%0.49%0.61%0.58%0.59%
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SDP ETF News Headlines

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SDP ETF - Frequently Asked Questions

ProShares UltraShort Utilities' stock was trading at $12.49 on January 1st, 2024. Since then, SDP stock has decreased by 34.1% and is now trading at $8.23.
View the best growth stocks for 2024 here
.

ProShares UltraShort Utilities's stock reverse split on the morning of Thursday, November 7th 2024. The 1-2 reverse split was announced on Monday, October 28th 2024. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, November 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split.

Shares of SDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

Issuer
ProShares
Fund Name
ProShares UltraShort Utilities
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SDP
Inception Date
1/30/2007
Fund Manager
Michael Neches, Tarak Dave

Fund Focus

Asset Class
Equity
Benchmark
S&P Utilities Select Sector Index
Category
Sector
Focus
Utilities
Development Level
Developed Markets
Region
North America
Number of Holdings
29

Fund Statistics

Assets Under Management
$3.04 million
Average Daily Volume
$87,294.60
Discount/Premium
-0.03%
Leveraged
-2.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
IMC

Options

Optionable
N/A
Short Interest
19,300 shs

Miscellaneous

Beta
-1.01
Creation Unit
25,000
Creation Fee
$250.00
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Top 9 SDP Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • UTILITIES SELECT SECTOR INDEX SWAP UBS AG
    Holding Weight: -5.21%
  • UTILITIES SELECT SECTOR INDEX SWAP SOCIETE GENERALE
    Holding Weight: -21.12%
  • UTILITIES SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
    Holding Weight: -24.38%
  • UTILITIES SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: -149.26%

This page (NYSEARCA:SDP) was last updated on 11/5/2024 by MarketBeat.com Staff
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