| ProShares UltraPro S&P500 is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index (the Index). The Index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. As of May 31 2013, the Fund's total assets and investment portfolio totaled $367,259,046 and $327,032,645, respectively. We show 706 historical shares outstanding datapoints in our coverage of UPRO's shares outstanding history.|
Understanding the changing numbers of UPRO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UPRO 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 UPRO by allowing them to research UPRO shares outstanding history
as well as any other stock in our coverage universe.