Who owns spxu stock?
SPXU stock was acquired by a variety of institutional investors in the last quarter, including Group One Trading L.P., Brookstone Capital Management, Citadel Advisors LLC, PVG Asset Management Corp, Pinz Capital Management LP, Morgan Stanley, Morgan Stanley, and Wolverine Trading LLC. How do I buy shares of ProShares UltraPro Short S&P 500?
How does spxu work?
How SPXU Works To provide three times the inverse daily exposure to the S&P 500 Index, SPXU holds swaps from multiple counterparties and futures contracts. The fund's top holdings are S&P 500 swaps from the big banks. Since SPXU invests in financial instruments with few counterparties, it is considered a non-diversified fund.
What is the expense ratio of spxu?
SPXU has a relatively high expense ratio of 0.91%, and that does not include trading and broker fees, which vary. 4 The fund's high expense ratio can be attributed to its daily rebalancing.
How has covid-19 affected spxu stock?
ProShares UltraPro Short S&P 500's stock was trading at $143.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPXU shares have decreased by 89.4% and is now trading at $15.18.
Is SPXU a good investment?
Key Takeaways SPXU is not suitable for long-term investing and is meant to be held for one day or less. The SPXU is a speculative investment that carries significant risk, and investors can lose all of their investment. For the 10 years ending Dec. 31, 2021, the SPXU posted a -45.18% return.
What stocks make up SPXU?
HoldingsWeightTickerDescription-64.32%--S&P 500 INDEX SWAP BNP PARIBAS-51.44%--S&P 500 INDEX SWAP JP MORGAN SECURITIES-42.72%--S&P 500 INDEX SWAP BANK OF AMERICA NA-39.66%--S&P 500 INDEX SWAP UBS AG17 more rows
What is the difference between SPXS and SPXU?
SPXU has a 0.93% expense ratio, which is lower than SPXS's 1.08% expense ratio. Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which one is better suits your portfolio: SPXU or SPXS.
How do ProShares work?
Understanding ProShares The company puts a twist on these investments by offering both leveraged ETFs and inverse funds. By combining low fees with tax efficiency in an asset that tracks an index, ETFs can build greater longer-term savings than a comparable mutual fund.
What is the inverse ETF for spy?
The ProShares Short S&P 500 (SH) is the most popular inverse ETF, with nearly $3 billion in assets. The fund provides a -1x daily return of the S&P 500 Index. If the S&P 500 Index drops by $1, this ETF will rise by roughly $1. This ETF has an expense ratio of 0.89%.
What ETF is opposite of S&P 500?
ProShares Short S&P 500 (ARCA:SH) ETF moves opposite of the S&P 500, and should therefore do exactly (or close to it) the opposite of the S&P 500 SPDR. Since the indexes began to trend lower starting in April, the ProShares Short S&P 500 ETF has been trending higher.
Can you short SPXU?
SPXU lost almost all of its value since its inception, but simple short position can be very dangerous.
What is Bull 3X ETF?
Leveraged 3X Long/Bull ETFs are funds that track a wide variety of asset classes, such as stocks, bonds and commodity futures, and apply leverage in order to gain three times the daily or monthly return of the underlying index. As long-only funds, they do not provide short or inverse exposure.
What is the difference between SPXL and UPRO?
SPXL has a higher dividend yield than that of UPRO. It's also available at a lower trading price compared to other 3x S&P500 ETFs.
Is ProShares publicly traded?
ProShares is an issuer of exchange-traded funds, including inverse exchange-traded funds, and similar products....ProShares.IndustryFinancial servicesHeadquartersBethesda, MarylandProductsExchange-traded fundsAUMUS$65 billion (2021)ParentProFunds Group3 more rows
Who owns ProShares?
Michael SapirMichael Sapir, 54, is founder and chairman of Bethesda-based ProShares, the nearly $29 billion asset management firm that he co-founded in 1997. The firm has become widely known for the creation of exchange-traded funds, known as ETFs.
How do I buy on proshare?
ProShares ETFs cannot be purchased directly from ProShares. They are available for purchase on exchanges, much like stocks—and can be bought and sold throughout the day whenever the exchange is open. To learn more, read Understanding ETF Liquidity and Trading.
When did ProShares UltraPro Short S&P 500's stock split? How did ProShares UltraPro Short S&P 500's stock split work?
ProShares UltraPro Short S&P 500 shares reverse split before market open on Thursday, January 21st 2021. The 1-5 reverse split was announced on Wed...
What other stocks do shareholders of ProShares UltraPro Short S&P 500 own?
Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraPro Short S&P 500 investors own include Tes...
What is ProShares UltraPro Short S&P 500's stock symbol?
ProShares UltraPro Short S&P 500 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SPXU."
Who are ProShares UltraPro Short S&P 500's major shareholders?
ProShares UltraPro Short S&P 500's stock is owned by a number of institutional and retail investors. Top institutional investors include IMC Chicag...
Which institutional investors are selling ProShares UltraPro Short S&P 500 stock?
SPXU stock was sold by a variety of institutional investors in the last quarter, including Group One Trading L.P., Flow Traders U.S. LLC, Cutler Gr...
Which institutional investors are buying ProShares UltraPro Short S&P 500 stock?
SPXU stock was purchased by a variety of institutional investors in the last quarter, including Prentice Capital Management LP, Cadent Capital Advi...
How do I buy shares of ProShares UltraPro Short S&P 500?
Shares of SPXU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is ProShares UltraPro Short S&P 500's stock price today?
One share of SPXU stock can currently be purchased for approximately $18.42.
How much money does ProShares UltraPro Short S&P 500 make?
ProShares UltraPro Short S&P 500 has a market capitalization of $740.43 million.
How has ProShares UltraPro Short S&P 500's stock price been impacted by COVID-19 (Coronavirus)?
How has ProShares UltraPro Short S&P 500's stock price been impacted by COVID-19 (Coronavirus)?
When did ProShares UltraPro Short S&P 500's stock split? How did ProShares UltraPro Short S&P 500's stock split work?
ProShares UltraPro Short S&P 500 shares reverse split before market open on Thursday, January 21st 2021. The 1-5 reverse split was announced on Wednesday, January 6th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, January 20th 2021.
What other stocks do shareholders of ProShares UltraPro Short S&P 500 own?
Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraPro Short S&P 500 investors own include Tesla (TSLA), International Business Machines (IBM), Walt Disney (DIS), Johnson & Johnson (JNJ), Boeing (BA), Netflix (NFLX), NVIDIA (NVDA), Walmart (WMT), SPDR Gold Shares (GLD) and ProShares UltraPro Short QQQ (SQQQ)..
What is ProShares UltraPro Short S&P 500's stock symbol?
ProShares UltraPro Short S&P 500 trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SPXU."
Who are ProShares UltraPro Short S&P 500's major shareholders?
ProShares UltraPro Short S&P 500's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (1.17%), Flow Traders U.S. LLC (0.82%), Cutler Group LP (0.00%), Susquehanna International Group LLP (0.00%), GW Henssler & Associates Ltd. (0.17%) and XR Securities LLC (0.15%).
Which major investors are selling ProShares UltraPro Short S&P 500 stock?
SPXU stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, IMC Chicago LLC, Cutler Group LP, and Citadel Advisors LLC.
Which major investors are buying ProShares UltraPro Short S&P 500 stock?
SPXU stock was bought by a variety of institutional investors in the last quarter, including Flow Traders U.S. LLC, XR Securities LLC, Axiom Investment Management LLC, Bank of America Corp DE, Squarepoint Ops LLC, GW Henssler & Associates Ltd., David R. Rahn & Associates Inc., and Brookstone Capital Management.
Signals & Forecast
The ProShares UltraPro Short S&P500 stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
ProShares UltraPro Short S&P500 finds support from accumulated volume at $15.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is ProShares UltraPro Short S&P500 stock A Buy?
ProShares UltraPro Short S&P500 holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
Component Grades
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ProShares UltraPro Short S&P500 (SPXU) ETF Bio
The investment objective of the ProShares UltraPro Short S&P 500 ETF seeks daily investment results that correspond to three times the inverse (-3x) of the daily performance of the S&P 500.
Performance
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Index
The S&P 500 is a widely used measure of large U.S. stock market performance. It includes a representative sample of leading companies in leading industries. Companies are selected for inclusion in the Index by Standard & Poor's based on adequate liquidity, appropriate market capitalization, financial viability and public float.
