Proshares Trust - ProShares Ultra Communication Services Select Sector

As of October 13, 2020, Proshares Trust - ProShares Ultra Communication Services Select Sector has gone out of business. Proshares Trust - ProShares Ultra Communication Services Select Sector is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across communication services sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 2x the daily performance of the S&P Communication Services Select Sector Index, by using synthetic replication technique. Proshares Trust - ProShares Ultra Communication Services Select Sector was formed on January 15, 2019 and is domiciled in the United States.