SETH 18.61 ProShares Short Ether Strategy ETF
Range: | 16.27-38.0 | Vol Avg: | 24061 | Last Div: | 0.61 | Changes: | -0.25 |
Beta: | -7.7 | Cap: | 0.00B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Thu Nov 02 2023 | Empoloyees: | |
CUSIP: | | CIK: | | ISIN: | US74349Y2090 | Country: | US |
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The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the daily target. The index measures the performance of the front-month ether futures contract trading on the Chicago Mercantile Exchange. In order to obtain inverse or “short” exposure, the advisor intends to enter into cash-settled ether futures contracts as the “seller.” The fund is non-diversified.
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