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Investment Banking & Investment Services
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ETF
ProShares Trust - ProShares UltraPro Financial Select Sector is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across real estate, financials sectors. The fund uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track 3x the daily performance of the S&P Financial Select Sector Index, by using synthetic replication technique. ProShares Trust - ProShares UltraPro Financial Select Sector was formed on July 10, 2012 and is domiciled in the United States.
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