ProShares Trust - ProShares Hedge Replication ETF

ProShares Trust - ProShares Hedge Replication ETF 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 directly and through derivatives in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Merrill Lynch Factor Model - Exchange Series. ProShares Trust - ProShares Hedge Replication ETF was formed on July 12, 2011 and is domiciled in the United States.