ProShares Ultra Industrials 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. Industrialssm Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the industrial sector of the U.S. equity market. As of May 31 2013, the Fund's total assets were $21,898,806 and the Fund's investment portfolio was valued at $17,212,182. We show 122 historical shares outstanding datapoints in our coverage of UXI's shares outstanding history.
Understanding the changing numbers of UXI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UXI 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 UXI by allowing them to research UXI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
