other material
confidence high
sentiment neutral
materiality 0.30
ProShares announces forward and reverse splits on 17 ETFs, including KOLD 1:5 reverse split
ProShares Trust II
- Forward splits (2:1) for CSM, ROM, SSO, TQQQ, UCC, UPRO; UGE at 4:1; effective Jan 13, 2022.
- Reverse splits (Phase 1) for 9 ETFs (e.g., SQQQ, SDS, DXD) at ratios 1:2 or 1:5; effective Jan 13, 2022.
- KOLD reverse split 1:5 effective Jan 14, 2022; new CUSIP 74347Y821; ticker unchanged.
- Splits do not change total value; fractional shares redeemed for cash, may be taxable.
- Old and new CUSIP numbers provided for all funds undergoing reverse splits.