ProShares Ultra Health Care ETF (the "Fund") is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Health Caresm Index. The index measures the performance of the healthcare sector of the U.S. equity market. Component companies include, among others, health care providers, biotechnology companies, medical supplies, advanced medical devices and pharmaceuticals. As of May 31 2013, the Fund's total assets were $73,730,288 and the Fund's investment portfolio was valued at $64,575,493. We show 211 historical shares outstanding datapoints in our coverage of RXL's shares outstanding history.
Understanding the changing numbers of RXL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RXL versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RXL by allowing them to research RXL shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
