ETF Watching: ProShares UltraPro Dow30 (UDOW) Rises 0.46% for Nov 29

November 29, 2016 - By Pete Kolinski   ·   0 Comments

Nov 29 is a positive day so far for ProShares UltraPro Dow30 (NYSEARCA:UDOW) as the ETF is active during the day after gaining 0.46% to hit $85.62 per share. The exchange traded fund has 137.05M net assets and 2.41% volatility this month.

Over the course of the day 16,820 shares traded hands, as compared to an average volume of 288,610 over the last 30 days for ProShares UltraPro Dow30 (NYSEARCA:UDOW).

The ETF is -0.44% of its 52-Week High and 83.14% of its low, and is currently having ATR of 2.19. This year’s performance is 26.55% while this quarter’s performance is 3.85%.

The ETF’s YTD performance is 12.85%, the 1 year is 8.41% and the 3 year is 16.53%.

The ETF’s average P/E ratio is 17.75, the price to book is 2.98, the price to sales is 1.74 and the price to cashflow is 10.88. It was started on 02/11/2010. The fund’s top holdings are: Dj Industrial Average Swap Citibank N.A. for 79.31% of assets, Dj Industrial Average Swap Bank Of America Na for 58.62%, Dj Industrial Average Swap Goldman Sachs International for 36.34%, Dj Industrial Average Swap Morgan Stanley & Co. International Plc for 35.27%, Dj Industrial Average Swap Societe Generale for 26.65%, Dj Industrial Average Swap Deutsche Bank Ag for 9.28%, Dj Industrial Average Swap Credit Suisse International for 7.28%, Dj Industrial Average Swap Ubs Ag for 5.42%, Goldman Sachs Group Inc. (The) for 2.55%, 3M Company Common Stock for 2.36%.

More notable recent ProShares UltraPro Dow30 ETF (NYSEARCA:UDOW) news were published by: Seekingalpha.com which released: “Got UDOW Parachute? Time To Bail Out” on November 07, 2013, also Investorplace.com with their article: “Buying the Right Leveraged ETF (FAZ, BGU, DOG, SDOW, RFL, UYG)” published on April 21, 2010, Seekingalpha.com published: “Look Out Direxion: ProShares Launches Line of 3X Leverage and Inverse ETFs” on February 12, 2010. More interesting news about ProShares UltraPro Dow30 ETF (NYSEARCA:UDOW) were released by: Etfdailynews.com and their article: “ProShares Announces ETF Share Splits” published on April 30, 2012 as well as Etftrends.com‘s news article titled: “Inverse ETFs Step into the Limelight” with publication date: January 07, 2016.

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple the daily performance of the Dow Jones Industrial Average Index. The ETF has a market cap of $137.05 million. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index. It currently has negative earnings. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies.

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By Pete Kolinski


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