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Investment Banking & Investment Services
Financial
ETF
ProShares Trust - ProShares UltraPro Short Financial Select Sector is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across real estate, financials sectors. It employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track -3x the daily performance of the S&P Financial Select Sector Index, by using synthetic replication technique. ProShares Trust - ProShares UltraPro Short Financial Select Sector was formed on July 10, 2012 and is domiciled in the United States.
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