November 22, 2016 - By Richard Conner · 0 Comments
Nov 22 is a positive day so far for ProShares Ultra S&P Regional Banking (NYSEARCA:KRU) as the ETF is active during the day after gaining 0.46% to hit $139.95 per share. The exchange traded fund has 6.98M net assets and 1.32% volatility this month.
Over the course of the day 352 shares traded hands, as compared to an average volume of 880 over the last 30 days for ProShares Ultra S&P Regional Banking (NYSEARCA:KRU).
The ETF is 3.35% of its 52-Week High and 123.89% of its low, and is currently having ATR of 3.35. This year’s performance is 30.22% while this quarter’s performance is 49.34%.
The ETF’s YTD performance is 2.85%, the 1 year is 0.19% and the 3 year is 8.73%.
The ETF’s average P/E ratio is 14.61, the price to book is 1.13, the price to sales is 3.31 and the price to cashflow is 11.26. It was started on 4/22/2010. The fund’s top holdings are: S&P Regional Banks Select Industry Index Swap Bank Of America Na for 49.14% of assets, S&P Regional Banks Select Industry Index Swap Societe Generale for 46.92%, S&P Regional Banks Select Industry Index Swap Morgan Stanley & Co. Internat for 22.26%, S&P Regional Banks Select Industry Index Swap Ubs Ag for 5.15%, Fifth Third Bancorp for 3.33%, SunTrust Banks Inc. Common Sto for 3.27%, PNC Financial Services Group I for 3.25%, Regions Financial Corporation C for 3.25%, Huntington Bancshares Incorpora for 3.24%. The ETF sector weights are: Financial Services 100.00%. The ETF currently as 0.78% yield.
More notable recent ProShares Ultra KBW Regional Banking ETF (NYSEARCA:KRU) news were published by: Etfdb.com which released: “ProShares Launches Inverse, Leveraged Regional Bank ETFs” on April 22, 2010, also Etftrends.com with their article: “As Rates Rise, Don’t Forget This Leveraged ETF” published on December 27, 2013, Zacks.com published: “Sector ETFs Hitting 52-Week High on Trump’s Victory” on November 10, 2016. More interesting news about ProShares Ultra KBW Regional Banking ETF (NYSEARCA:KRU) were released by: Benzinga.com and their article: “Regional Bank ETFs Your Broker Forgot to Mention” published on July 08, 2013 as well as Etfdailynews.com‘s news article titled: “Crushed By The Record Oil Squeeze, This Is How Energy Bears Are Shorting Crude Now” with publication date: March 30, 2016.
ProShares Ultra KBW Regional Banking seeks daily investment results, before fees and expenses, that correspond to twice the daily performance of the KBW Regional Banking Index. The ETF has a market cap of $6.98 million. The KBW Regional Banking Index is an equal-weighted index that seeks to provide diverse regional banking exposure. It currently has negative earnings. The Index includes stocks of 50 publicly traded companies that do business as regional banks or thrifts.
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By Richard Conner