November 25, 2016 - By Pete Kolinski · 0 Comments
Nov 25 is a negative day so far for ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD) as the ETF is active during the day after losing 0.73% to hit $17.63 per share. The exchange traded fund has 4.05 million net assets and 2.48% volatility this month.
Over the course of the day 121 shares traded hands, as compared to an average volume of 11,590 over the last 30 days for ProShares UltraPro Short MidCap400 (NYSEARCA:SMDD).
The ETF is -59.97% of its 52-Week High and -0.05% of its low, and is currently having ATR of 0.77. This year’s performance is -40.32% while this quarter’s performance is -2.62%.
The ETF’s YTD performance is -33.46%, the 1 year is -29.38% and the 3 year is -28.95%.
The fund’s top holdings are: S&P Midcap 400 Index Swap Morgan Stanley & Co. International Plc for 170.98% of assets, S&P Midcap 400 Index Swap Citibank N.A. for 67.67%, E-mini S&P 400 Dec16 for 30.30%, S&P Midcap 400 Index Swap Bank Of America Na for 13.88%, S&P Midcap 400 Index Swap Societe Generale for 9.51%, Spdr S&P Midcap 400 (Mdy) Swap Goldman Sachs International for 3.98%, S&P Midcap 400 Index Swap Credit Suisse International for 3.81%.
More notable recent ProShares UltraPro Short MidCap400 ETF (NYSEARCA:SMDD) news were published by: Etftrends.com which released: “Inverse ETFs to Capitalize on Market Turns” on March 25, 2013, also Investorplace.com with their article: “21 Ways to Aggressively Short This Market” published on June 24, 2013, 247Wallst.com published: “More Triple-Leverage ETF Launches (TQQQ, UDOW, UMDD, URTY, SQQQ, SDOW, SMDD, SRTY)” on February 11, 2010. More interesting news about ProShares UltraPro Short MidCap400 ETF (NYSEARCA:SMDD) were released by: Etftrends.com and their article: “A Gentler View of Leveraged ETFs” published on February 10, 2015 as well as Seekingalpha.com‘s news article titled: “How To Profit From A Stock Market Crash, Part II: Inverse Equity ETFs” with publication date: February 12, 2012.
ProShares UltraPro Short MidCap400 ETF is an exchange traded fund, which seeks daily investment results, which correspond to triple the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. The ETF has a market cap of $4.05 million. The ETF seeks a return of -300% of the return of an index (target) for a single day. It currently has negative earnings. The S&P MidCap 400 Index is a used measure of mid-size firm United States stock market performance.
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By Pete Kolinski