ProShares UltraShort Materials SMN

• $13.75
• 1 mg
• Ca.investing.com

ProShares Trust - ProShares UltraShort Materials is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across chemicals, construction, containers & packaging, metals & mining materials and paper & forest products sectors. The fund employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -2x the daily performance of the S&P Materials Select Sector Index.