NYSEARCA:LTL

ProShares Ultra Communication Services (LTL) Price, Holdings, & News

$60.08
+3.02 (+5.29%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$60.08
$60.08
50-Day Range
$57.06
$64.68
52-Week Range
$33.59
$72.80
Volume
100 shs
Average Volume
5,781 shs
Market Capitalization
$4.81 million
Assets Under Management
$4.56 million
Dividend Yield
1.07%
Net Expense Ratio
0.95%

About ProShares Ultra Communication Services

ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers. Mobile includes cellular, satellite and paging services. The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.

LTL Stock Price History

LTL ETF News Headlines

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ProShares Ultra Telecommunications LTL
See More Headlines
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Fund Details

Issuer
ProShares
Fund Name
ProShares Ultra Communication Services
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:LTL
Inception Date
3/25/2008
Fund Manager
Michael Neches, Tarak Dave

Fund Focus

Asset Class
Equity
Benchmark
S&P Communication Services Select Sector Index
Category
Sector
Focus
Communication Services
Development Level
Developed Markets
Region
North America
Number of Holdings
50

Fund Statistics

Assets Under Management
$4.56 million
Average Daily Volume
$1,998.80
Discount/Premium
0.03%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
JPMorgan Chase Bank, N.A.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
IMC

Options

Optionable
N/A
Short Interest
6,500 shs

Miscellaneous

Beta
2.33
Creation Unit
10,000
Creation Fee
$250.00
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ProShares Ultra Communication Services Expenses

TypeLTLCommunication Services ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.34%0.54%0.50%0.51%
Other Expenses4.80%1.63%0.54%0.64%0.58%
Total Expense5.55%1.04%0.70%0.74%0.70%
Fee Waiver-4.60%-4.60%-0.55%-0.68%-0.57%
Net Expense0.95%0.38%0.60%0.57%0.58%

ProShares Ultra Communication Services (LTL) Holdings & Exposure

Top 10 LTL Holdings

LTL Sector Exposure

LTL Industry Exposure

Key Executives

  • Michael L. Sapir (Age 57)
    Chairman of ProShares Trust
  • Louis M. Mayberg (Age 53)
    President of ProShares Trust
  • Victor M. Frye Esq. (Age 56)
    Chief Compliance Officer and AML Officer of ProShares Trust
  • Simon D. Collier (Age 51)
    Treasurer of ProShares Trust
  • Gary A. Casagrande (Age 40)
    Assistant Treasurer of ProShares Trust
  • Charles S. Todd (Age 41)
    Assistant Treasurer of ProShares Trust
  • Stephenie Adams (Age 43)
    Acting Secretary of ProShares Trust
  • Gregory Pickard Esq. (Age 48)
    Assistant Secretary of ProShares Trust
  • Russell S. Reynolds III (Age 55)
    Trustee of ProShares Trust
  • Michael C. Wachs (Age 51)
    Trustee of ProShares Trust

LTL ETF - Frequently Asked Questions

How have LTL shares performed in 2024?

ProShares Ultra Communication Services' stock was trading at $50.72 at the start of the year. Since then, LTL stock has increased by 18.5% and is now trading at $60.08.
View the best growth stocks for 2024 here
.

What does LTL invest in?

ProShares Ultra Communication Services is a equity fund issued by ProShares. LTL focuses on communication services investments and follows the S&P Communication Services Select Sector Index. The fund's investments total to approximately $4.56 million assets under management.

What stocks does ProShares Ultra Communication Services hold?
What is the management fee for ProShares Ultra Communication Services?

ProShares Ultra Communication Services' management fee is 0.75% and has other expenses of 4.80%. However, LTL has a fee waiver of -4.60% to reimburse the expenses. The net expense ratio for LTL is 0.95%.

Who are ProShares Ultra Communication Services' major shareholders?

ProShares Ultra Communication Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (37.21%) and Rovin Capital UT ADV (4.65%).

How do I buy shares of ProShares Ultra Communication Services?

Shares of LTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:LTL) was last updated on 4/29/2024 by MarketBeat.com Staff

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