November 29, 2016 - By Darrin Black · 0 Comments
Nov 29 is a positive day so far for ProShares Ultra Utilities (NYSEARCA:UPW) as the ETF is active during the day after gaining 1.26% to hit $38.7 per share. The exchange traded fund has 18.58M net assets and 2.47% volatility this month.
Over the course of the day 106 shares traded hands, as compared to an average volume of 9,360 over the last 30 days for ProShares Ultra Utilities (NYSEARCA:UPW).
The ETF is -23.91% of its 52-Week High and 29.93% of its low, and is currently having ATR of 1.24. This year’s performance is 15.59% while this quarter’s performance is -14.01%.
The ETF’s YTD performance is 32.53%, the 1 year is 32.97% and the 3 year is 21.83%.
The ETF’s average P/E ratio is 17.89, the price to book is 1.77, the price to sales is 1.78 and the price to cashflow is 6.33. It was started on 02/01/2007. The fund’s top holdings are: Dj U.S. Utilities Index Swap Bank Of America Na for 60.79% of assets, Ishares U.S. Utilities (Idu) Swap Bank Of America Na for 26.08%, Dj U.S. Utilities Index Swap Societe Generale for 14.62%, Ishares U.S. Utilities (Idu) Swap Morgan Stanley & Co. International Plc for 12.01%, Ishares U.S. Utilities (Idu) Swap Morgan Stanley & Co. International Plc – for 12.01%, Dj U.S. Utilities Index Swap Ubs Ag for 7.97%, Dj U.S. Utilities Index Swap Credit Suisse International for 7.83%, NextEra Energy Inc. Common Sto for 5.54%, Duke Energy Corporation (Holdin for 5.11%, Southern Company (The) Common S for 4.68%. The ETF sector weights are: Utilities 99.38%, Energy 0.62%. The ETF currently as 1.65% yield.
More notable recent ProShares Ultra Utilities (ETF) (NYSEARCA:UPW) news were published by: Etftrends.com which released: “There’s a Leveraged Utilities ETF and It’s Soaring” on April 29, 2014, also Forbes.com with their article: “Fun (And Risk) With Juiced-Up ETFs” published on September 19, 2007, Businesswire.com published: “ProShares Announces ETF Share Splits” on July 01, 2016. More interesting news about ProShares Ultra Utilities (ETF) (NYSEARCA:UPW) were released by: Seekingalpha.com and their article: “Biotech Strategy Following Brexit: Run, Don’t Walk” published on June 27, 2016 as well as Seekingalpha.com‘s news article titled: “Natural Gas Continues Its Rise” with publication date: June 27, 2016.
ProShares Ultra Utilities seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. The ETF has a market cap of $18.58 million. Utilities Index (the Index). It currently has negative earnings. 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.
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By Darrin Black