ProShares Announces ETF Share Splits

ProShares, a premier provider of ETFs, announced forward and reverse share splits on 10 of its ETFs. The splits will not change the total value of a shareholder’s investment.

Forward Splits
7 ETFs will forward split shares 2-for-1:

 Ticker  ProShares ETF Split Ratio 
QLD Ultra QQQ  2:1
UWM Ultra Russell2000   2:1
URE Ultra Real Estate   2:1
URTY UltraPro Russell2000   2:1
ROM Ultra Technology   2:1
SVXY Short VIX Short-Term Futures ETF   2:1
UDOW UltraPro Dow30  2:1


All forward splits will apply to shareholders of record as of the close of the markets on July 12, 2017, payable after the close of the markets on July 14, 2017. The funds will trade at their post-split prices on July 17, 2017. The ticker symbols and CUSIP numbers for the funds will not change.

Reverse Splits
3 ETFs will reverse split shares at the following split ratios:

 Ticker  ProShares ETF  Split Ratio  Old CUSIP  New CUSIP
SDS UltraShort S&P500  1:4 74347B300  74347B383
VIXY VIX Short-Term Futures ETF  1:4  74347W262  74347W171
UVXY Ultra VIX Short-Term Futures ETF  1:4  74347W239  74347W163


All reverse splits will be effective at the market open on July 17, 2017, when the funds will begin trading at their post-split price. The ticker symbol for the funds will not change. All funds undergoing a reverse split will be issued a new CUSIP number, listed above.

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