ETF Flows Don’t Lie: ProShares UltraShort Financials (SKF) Declines 0.6% for Nov 25

November 25, 2016 - By Ellis Scott   ·   0 Comments

Nov 25 is a negative day so far for ProShares UltraShort Financials (NYSEARCA:SKF) as the ETF is active during the day after losing 0.6% to hit $33.06 per share. The exchange traded fund has 45.10M net assets and 1.95% volatility this month.

Over the course of the day 1,321 shares traded hands, as compared to an average volume of 31,650 over the last 30 days for ProShares UltraShort Financials (NYSEARCA:SKF).

The ETF is -45.98% of its 52-Week High and -0.11% of its low, and is currently having ATR of 0.98. This year’s performance is -23.33% while this quarter’s performance is -12.23%.

The ETF’s YTD performance is -13.94%, the 1 year is -14.68% and the 3 year is -20.7%.

The fund’s top holdings are: Dj U.S. Financials Index Swap Goldman Sachs International for 73.67% of assets, Dj U.S. Financials Index Swap Credit Suisse International for 43.67%, Dj U.S. Financials Index Swap Bank Of America Na for 32.85%, Dj U.S. Financials Index Swap Ubs Ag for 22.16%, Dj U.S. Financials Index Swap Societe Generale for 20.93%, Dj U.S. Financials Index Swap Morgan Stanley & Co. International Plc for 6.45%.

More notable recent ProShares UltraShort Financials (ETF) (NYSEARCA:SKF) news were published by: Zacks.com which released: “Six Ways to Short Financial Stocks with ETFs” on February 25, 2016, also Etfdailynews.com with their article: “Bearish Traders Are Circling This Financial ETF” published on November 04, 2016, Etfdailynews.com published: “Largest Financial ETF Holds Up, Despite Wells Fargo Meltdown” on October 18, 2016. More interesting news about ProShares UltraShort Financials (ETF) (NYSEARCA:SKF) were released by: Etftrends.com and their article: “At Risk Sector ETFs in a Brexit Vote” published on June 20, 2016 as well as Businesswire.com‘s news article titled: “ProShares Announces Changes to ETF Lineup” with publication date: July 25, 2016.

ProShares UltraShort Financials seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. The ETF has a market cap of $45.10 million. Financials Index (the Index). It currently has negative earnings. The Index measures the performance of the financial services industry of the United States equity market.

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By Ellis Scott


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