ProShares UltraShort Semiconductors (SSG)
ProShares UltraShort Semiconductors operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $11.41, down 5.15% on the session, giving a market capitalisation of $7.0M. Its beta of -3.36 implies it has historically moved less than the broad market.
ProShares Trust - ProShares UltraShort Semiconductors is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor products and equipment sectors. The fund employs short strategy and 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 Dow Jones U.S. Semiconductors Index, by using synthetic replication technique. ProShares Trust - ProShares UltraShort Semiconductors was formed on January 30, 2007 and is domiciled in the United States.
ProShares UltraShort Semiconductors is most often compared with the following Financial Services names: