ProShares, a premier provider of alternative exchange traded funds (ETFs), announced today share splits on four of its ETFs and reverse share splits on 20 of its ETFs. The splits and reverse splits will not change the value of a shareholder's investment. Splits Three funds will split shares 2-for-1.
ProShares UltraPro QQQ®
ProShares UltraPro Russell2000
ProShares UltraPro MidCap400
One fund will split shares 3-for-1.
ProShares UltraPro S&P500®
All splits will apply to shareholders of record as of the close of the markets on February 22, 2011, payable after the close of the markets on February 24, 2011. The funds will trade at their post-split prices on February 25, 2011. The ticker symbols and CUSIP numbers for the funds will not change, and all will continue to trade on NYSE Arca.