ProShares Ultra Real Estate 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. Real Estatesm Index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts. As of May 31 2013, the Fund's total assets were $380,233,914 and the Fund's investment portfolio was valued at $349,452,247. We show 304 historical shares outstanding datapoints in our coverage of URE's shares outstanding history.
Understanding the changing numbers of URE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like URE 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 URE by allowing them to research URE shares outstanding history
as well as any other stock in our coverage universe. |