Changes to ETF Lineup

Mar 14, 2020
ProShares Announces Changes to ETF Lineup

BETHESDA , MD – March 15, 2020 – ProShare Advisors and ProShare Capital Management announced today plans to liquidate and close six ProShares Trust ETFs and two ProShares Trust II ETFs, respectively, based on an ongoing review of ProShares product offerings. Specifically, the following ETFs will be liquidated and closed:

ProShares Trust Ticker Exchange
UltraPro Communication Services Select Sector UCOM NYSE Arca
UltraPro Short Communication Services Select Sector SCOM NYSE Arca
UltraPro Nasdaq Biotechnology UBIO NASDAQ
UltraPro Short Nasdaq Biotechnology ZBIO NASDAQ
UltraPro Financial Select Sector FINU NYSE Arca
UltraPro Short Financial Select Sector FINZ NYSE Arca
ProShares Trust II Ticker Exchange
UltraPro 3x Crude Oil ETF OILU NYSE Arca
UltraPro 3x Short Crude Oil ETF OILD NYSE Arca

 

The last day the funds will accept creation orders is March 27, 2020. Trading in the funds will be halted prior to market open on March 30, 2020. Beginning on March 30, 2020, the funds will not be traded on their respective exchanges, and there will be no secondary market for the shares. On or about March 27, 2020, the funds will begin the process of liquidating their portfolios and may no longer be managed in accordance with their investment objectives. Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about April 3, 2020.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.

Media Contact
Tucker Hewes
212-207-9451
Investor Contact
ProShares
866-776-5125
Media Contact
Tucker Hewes
212-207-9451
Investor Contact
ProShares
866-776-5125
Get the latest perspectives and updates.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.