Rochester, NY 8/28/2009 10:19:41 PM
UltraShort Real Estate ProShares SRS, Up 0.97% Morning news update
UltraShort Real Estate ProShares
The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance opened market at 11.10, 19 cents lower from the previous trade. The company’s trading is at the high day range of 11.44 and might get higher at the end of the market hour.
The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.
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Last Trade: 11.37
Day's Range: 11.05-11.44
52wk Range: 10.72-295.72
Change: UP 0.06(0.53%)
Volume: 7,215,068
Avg Vol (3m): 30,347,700
About UltraShort Real Estate ProShares
ProShares UltraShort Real Estate (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as –200% of the daily return of the Index. The Index is a price return index. The Fund’s investment advisor is ProShare Advisors LLC.
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