ProShares Ultra Health Care (RXL)
ProShares Ultra Health Care operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $60.27, up 0.68% on the session, giving a market capitalisation of $86.4M. Its beta of 1.03 implies it has historically moved more than the broad market.
ProShares Trust - ProShares Ultra Health Care 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 through derivatives in stocks of companies operating across health care equipments, providers, services, technology, biotechnology; pharmaceuticals, and life sciences tools & service sectors. The fund uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 2x the daily performance of the S&P Health Care Select Sector Index, by using full replication technique. ProShares Trust - ProShares Ultra Health Care was formed on January 30, 2007 and is domiciled in the United States.
ProShares Ultra Health Care is most often compared with the following Financial Services names: