Record Date of Upcoming ETF Share Splits
Aug 05, 2020
ProShares Announces Record Date of Upcoming ETF Share Splits
Bethesda, MD – August 6, 2020 – ProShares, a premier provider of ETFs, announced today the record date and payment date of the forward splits previously announced on August 4, 2020.
All forward splits will apply to shareholders of record as of the close of the markets on August 14, 2020, payable after the close of the markets on August 17, 2020. All forward splits will be effective prior to market open on August 18, 2020, when the funds will begin trading at their post-split price. The ticker symbols and CUSIP numbers for the funds will not change.
As per the August 4, 2020 release, the following funds will forward split their shares at the below listed split ratios:
|Ticker||ProShares ETF||Split Ratio|
|UBT||Ultra 20+ Year Treasury||2:1|
|SSO||Ultra S&P 500||2:1|
|UCC||Ultra Consumer Services||2:1|
ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $40 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.