ProShares Ultra Bloomberg Crude Oil (UCO)
ProShares Ultra Bloomberg Crude Oil operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $41.65, down 0.41% on the session, giving a market capitalisation of $492.6M. Its beta of 2.79 implies it has historically moved more than the broad market.
ProShares Trust II - ProShares Ultra Bloomberg Crude Oil is an exchange traded fund launched by ProShare Capital Management LLC. The fund is co-managed by ProFund Advisors LLC and ProShare Advisors LLC. It invests in the commodity markets. The fund uses derivatives such as futures contracts to invest in WTI sweet, light crude oil. It seeks to track 2x the daily performance of the Bloomberg Commodity Balanced WTI Crude Oil Index. ProShares Trust II - ProShares Ultra Bloomberg Crude Oil was formed on November 24, 2008 and is domiciled in the United States.
ProShares Ultra Bloomberg Crude Oil is most often compared with the following Financial Services names: