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NYSEARCA:SMN

ProShares UltraShort Materials (SMN) Price, Holdings, & News

$14.04 -0.27 (-1.89%)
(As of 11/20/2024 ET)

About ProShares UltraShort Materials (NYSEARCA:SMN)

Key Stats

Today's Range
$14.04
$14.36
50-Day Range
$12.56
$14.45
52-Week Range
$12.41
$18.85
Volume
14,040 shs
Average Volume
3,190 shs
Market Capitalization
$1.90 million
Assets Under Management
$774,281.22
Dividend Yield
0.36%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

ProShares UltraShort Basic Materials (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Basic Materials Index (the Index). The Index measures the performance of the basic materials industry of the United States equity market. Component companies are involved in the production of aluminum, steel, non-ferrous metals, commodity chemicals, specialty chemicals, forest products, paper products, as well as the mining of precious metals and coal. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the Index. The Index is a price return index. The Fund’s investment advisor is ProShare Advisors LLC.

ProShares UltraShort Materials Expenses

TypeSMNMaterials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.50%0.55%0.51%0.52%
Other Expenses1.84%0.25%0.49%0.57%0.53%
Total Expense2.59%0.60%0.71%0.73%0.71%
Fee Waiver-1.64%-0.37%-0.52%-0.67%-0.57%
Net Expense0.95%0.56%0.61%0.58%0.59%
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SMN ETF News Headlines

PROSHARES ULTRASHORT MATERIALS (^SMN-IV)
ProShares Ultra Materials UYM
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Proshares Smart Materials Etf Share Chat
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SMN ETF - Frequently Asked Questions

ProShares UltraShort Materials' stock was trading at $16.38 at the start of the year. Since then, SMN stock has decreased by 14.3% and is now trading at $14.04.
View the best growth stocks for 2024 here
.

ProShares UltraShort Materials shares 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 was adjusted after the closing bell 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 SMN 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.
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Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares UltraShort Materials investors own include Affirm (AFRM), Zscaler (ZS), Walt Disney (DIS), Milestone Scientific (MLSS), Advanced Micro Devices (AMD), Applied DNA Sciences (APDN) and BILL (BILL).

Fund Details

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

Fund Focus

Asset Class
Equity
Benchmark
S&P Materials Select Sector Index
Category
Sector
Focus
Materials
Development Level
Developed Markets
Region
North America
Number of Holdings
27

Fund Statistics

Assets Under Management
$774,281.22
Average Daily Volume
$4,947.50
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
Virtu Financial

Options

Optionable
N/A
Short Interest
2,000 shs

Miscellaneous

Beta
-1.70
Creation Unit
25,000
Creation Fee
$250.00
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Top 8 SMN Holdings

  • NET OTHER ASSETS (LIABILITIES)
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • TREASURY BILL
    Holding Weight: 0.00%
  • MATERIALS SELECT SECTOR INDEX SWAP BANK OF AMERICA NA
    Holding Weight: -25.48%
  • MATERIALS SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: -36.01%
  • MATERIALS SELECT SECTOR INDEX SWAP UBS AG
    Holding Weight: -45.20%
  • MATERIALS SELECT SECTOR INDEX SWAP SOCIETE GENERALE
    Holding Weight: -45.30%
  • MATERIALS SELECT SECTOR INDEX SWAP BNP PARIBAS
    Holding Weight: -47.98%

This page (NYSEARCA:SMN) was last updated on 11/21/2024 by MarketBeat.com Staff
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