ProShares Ultra Utilities 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. Utilitiessm Index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. As of May 31 2013, the Fund's total assets were $15,107,248 and the Fund's investment portfolio was valued at $13,291,530. We show 107 historical shares outstanding datapoints in our coverage of UPW's shares outstanding history.
Understanding the changing numbers of UPW shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UPW 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 UPW by allowing them to research UPW shares outstanding history
as well as any other stock in our coverage universe. |
Free UPW Email Alerts:
Video: Shares Outstanding Importance
