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UPRO

101.21000 USD
3.14
3.20%
Last update Aug 12, 3:59 PM EDT
Pre-market
Day range
98.54000
101.33000
Previous close
98.070000
Open
99.20000
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ProShares UltraPro S&P500
101.21
3.14
3.20%

Overview

Description

ProShares UltraPro S&P 500 is an exchange-traded fund (ETF) designed to deliver triple (3x) the daily performance of the S&P 500 index, which is composed of 500 of the largest publicly traded companies in the United States. As a leveraged ETF, its primary function is to provide enhanced exposure to the index, allowing investors to potentially gain amplified returns based on the market’s daily movements. Notably, this ETF is primarily used by traders and institutional investors who seek short-term capital appreciation tied to the movements of the broader U.S. stock market. The fund achieves its leveraged exposure through derivative instruments such as futures contracts and swaps, and it requires active management to maintain its leverage on a daily basis. Given its nature, ProShares UltraPro S&P 500 impacts sectors across the board, as it encompasses the full scope of the index's industries, from technology and healthcare to financials and consumer goods. Within the financial markets, its role is essential for those employing advanced trading strategies, allowing them to capitalize on market volatility with a strategic approach, albeit with higher risk compared to traditional, non-leveraged ETFs.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 1 hour 21 minutes

08:08
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).