ProShares Ultra 20+ Year Treasury ETF (the "Fund") is an open-end management investment company. The Fund seeks daily investment results that correspond to two times (2x) the daily performance of the Barclays U.S. 20+ Year Treasury Bond Index. The index includes all publicly issued, U.S. Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in U.S. dollars, are rated investment grade, are fixed rate, and have more than $250 million par outstanding. As of May 31 2013, the Fund's total assets were $20,429,891 and the Fund's investment portfolio was valued at $19,135,655. We show 263 historical shares outstanding datapoints in our coverage of UBT's shares outstanding history.
Understanding the changing numbers of UBT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UBT 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 UBT by allowing them to research UBT shares outstanding history
as well as any other stock in our coverage universe. |
Free UBT Email Alerts:
Video: Shares Outstanding Importance
