| ProShares Ultra Semiconductors 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 Dow Jones U.S. Semiconductorssm Index. The index measures the performance of the semiconductor sub-sector of the U.S. equity market. Component companies are engaged in the production of semiconductors and other integrated chips, as well as other related products such as semi-conductor capital equipment and mother-boards. As of May 31 2013, the Fund's total assets were $34,977,352 and the Fund's investment portfolio was valued at $29,879,077. We show 209 historical shares outstanding datapoints in our coverage of USD's shares outstanding history.|
Understanding the changing numbers of USD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like USD 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 USD by allowing them to research USD shares outstanding history
as well as any other stock in our coverage universe.