ProShares to close 13 ETFs

ProShares announced that it plans to close and liquidate the following ETFs:

Name of ETF Ticker
ProShares Short S&P Regional Banking KRS
ProShares Ultra S&P Regional Banking KRU
ProShares Ultra Oil & Gas Exploration & Production UOP
ProShares UltraShort Oil & Gas Exploration & Production SOP
ProShares Ultra MSCI Mexico Capped IMI UMX
ProShares UltraShort MSCI Mexico Capped IMI SMK
ProShares Ultra Junior Miners GDJJ
ProShares UltraShort TIPS TPS
ProShares UltraShort 3-7 Year Treasury TBZ
ProShares German Sovereign/Sub-Sovereign ETF GGOV
ProShares USD Covered Bond COBO
ProShares Hedged FTSE Europe ETF HGEU
ProShares Hedged FTSE Japan ETF HGJP


After the close of business on September 6, 2017, the funds will no longer accept creation orders. Trading in the funds will be halted prior to market open on September 7, 2017. Beginning on September 7, the funds will not be traded on NYSE Arca, and there will be no secondary market for the shares. On or about September 5, 2017, the funds will begin the process of liquidating their portfolios and may not be managed in accordance with their investment objectives. Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about September 14, 2017.

Leave a Reply

Your email address will not be published.