November 25, 2016 - By Adrian Mccoy · 0 Comments
Nov 25 is a negative day so far for ProShares UltraShort Basic Materials (NYSEARCA:SMN) as the ETF is active during the day after losing 0.28% to hit $21.72 per share. The exchange traded fund has 13.74M net assets and 1.90% volatility this month.
Over the course of the day 200 shares traded hands, as compared to an average volume of 9,790 over the last 30 days for ProShares UltraShort Basic Materials (NYSEARCA:SMN).
The ETF is -52.41% of its 52-Week High and 3.07% of its low, and is currently having ATR of 0.62. This year’s performance is -32.05% while this quarter’s performance is -2.06%.
The ETF’s YTD performance is -27.27%, the 1 year is -23.86% and the 3 year is -13.73%.
The fund’s top holdings are: Dj U.S. Basic Materials Index Swap Credit Suisse International for 84.89% of assets, Dj U.S. Basic Materials Index Swap Bank Of America Na for 69.77%, Dj U.S. Basic Materials Index Swap Ubs Ag for 23.37%, Dj U.S. Basic Materials Index Swap Morgan Stanley & Co. International Plc for 11.94%, Dj U.S. Basic Materials Index Swap Morgan Stanley & Co. International Plc – for 11.94%, Dj U.S. Basic Materials Index Swap Societe Generale for 9.73%.
More notable recent ProShares UltraShort Basic Materls (ETF) (NYSEARCA:SMN) news were published by: Etftrends.com which released: “23 Best ETFs to Track Basic Materials” on May 06, 2016, also Etfdailynews.com with their article: “Look For A Potential Buy Entry UltraShort Basic Materials ETF (NYSEARCA:SMN)” published on June 28, 2012, Etftrends.com published: “The Worst Performing Sector ETFs of June” on June 02, 2015. More interesting news about ProShares UltraShort Basic Materls (ETF) (NYSEARCA:SMN) were released by: Zacks.com and their article: “10 Leveraged/Inverse ETFs Winners YTD” published on October 19, 2015 as well as Etftrends.com‘s news article titled: “Precious Metals, Miner ETFs Shine” with publication date: February 04, 2016.
ProShares UltraShort Basic Materials 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 $13.74 million. Basic Materials Index (the Index). It currently has negative earnings. The Index measures the performance of the basic materials industry of the United States equity market.
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By Adrian Mccoy