other material
confidence high
sentiment neutral
materiality 0.40
ProShares announces forward & reverse share splits for 8 ETFs, effective May 26-27, 2022
ProShares Trust II
- Forward splits: YCS (2:1), UCO (4:1) effective May 26; DIG, UYM (both 4:1) effective May 27.
- Reverse splits: KOLD (1:4), SCO (1:5) effective May 26; BZQ, SCC (both 1:2) effective May 27.
- Splits do not change total value of shareholder investment; reverse splits may create taxable fractional shares.
- New CUSIPs assigned for reverse-split funds (KOLD: 74347Y813; SCO: 74347Y797; etc.).