ProShares Trust - ProShares Ultra Utilities

ProShares Trust - ProShares Ultra Utilities is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across utilities sectors. It uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track 2x the daily performance of the S&P Utilities Select Sector Index, by using full replication technique. ProShares Trust - ProShares Ultra Utilities was formed on January 30, 2007 and is domiciled in the United States.