ProShares Global Listed Private Equity ETF (PEX)
ProShares Global Listed Private Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $23.97, down 0.03% on the session, giving a market capitalisation of $11.5M. Its beta of 0.80 implies it has historically moved less than the broad market.
PEX is the third launch in the Global Private Equity Segment and is a market-cap-selected and -weighted fund, thus offering plain vanilla exposure to investors. The underlying index tracks 30 qualifying listed private equity companies which were screened based on, among other things, greater relative trading volume. Generally, the fund will invest at least 80% of its total assets in component securities of the index, and will primarily invest in common stocks of domestic and foreign companies (including in large part BDCs for US-domiciled companies) of any size.
ProShares Global Listed Private Equity ETF is most often compared with the following Financial Services names: