November 24, 2016 - By Winifred Garcia · 0 Comments
Nov 24 is a positive day so far for ProShares Ultra SmallCap600 (NYSEARCA:SAA) as the ETF is active during the day after gaining 0.62% to hit $77.4 per share. The exchange traded fund has 19.50M net assets and 1.09% volatility this month.
Over the course of the day 1,075 shares traded hands, as compared to an average volume of 740 over the last 30 days for ProShares Ultra SmallCap600 (NYSEARCA:SAA).
The ETF is 3.48% of its 52-Week High and 76.98% of its low, and is currently having ATR of 1.38. This year’s performance is 29.62% while this quarter’s performance is 7.34%.
The ETF’s YTD performance is 9.47%, the 1 year is 4.86% and the 3 year is 7.38%.
The ETF’s average P/E ratio is 20.43, the price to book is 1.99, the price to sales is 0.99 and the price to cashflow is 8.35. It was started on 1/25/2007. The fund’s top holdings are: S&P Smallcap 600 Index Swap Societe Generale for 99.32% of assets, S&P Smallcap 600 Index Swap Citibank N.A. for 7.23%, S&P Smallcap 600 Index Swap Bank Of America Na for 6.65%, S&P Smallcap 600 Index Swap Morgan Stanley & Co. International Plc for 6.10%, S&P Smallcap 600 Index Swap Credit Suisse International for 3.00%, S&P Smallcap 600 Index Swap Deutsche Bank Ag for 2.66%, Ishares Core S&P Small-Cap (Ijr) Swap Deutsche Bank Ag for 1.75%, Piedmont Natural Gas Company I for 0.54%, Take-Two Interactive Software for 0.43%, PDC Energy Inc. for 0.42%.
More notable recent ProShares Ultra SmallCap600 (ETF) (NYSEARCA:SAA) news were published by: Businesswire.com which released: “ProShares Announces ETF Share Splits” on May 01, 2015, also Etftrends.com with their article: “Inverse ETFs to Capitalize on Market Turns” published on March 25, 2013, Bloomberg.com published: “As New ETF Strategies Get Campier, Tickers Get Tamer” on May 18, 2016. More interesting news about ProShares Ultra SmallCap600 (ETF) (NYSEARCA:SAA) were released by: Seekingalpha.com and their article: “Shorting Leveraged ETFs to Profit in Any Market” published on April 06, 2011 as well as Seekingalpha.com‘s news article titled: “ETF Deathwatch For September 2016: Largest One-Month Decline” with publication date: September 21, 2016.
ProShares Ultra SmallCap600 seeks daily investment results that correspond to twice (200%) the daily performance of the S&P SmallCap 600 Index (the Index). The ETF has a market cap of $19.50 million. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. It currently has negative earnings. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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By Winifred Garcia