other_material
confidence high
sentiment neutral
materiality 0.30
ProShares announces 4:1 forward split on Ultra Gold (UGL) and 1:2 reverse split on UltraShort Gold (GLL)
ProShares Trust II
- UGL forward split 4:1, effective June 13, 2025; no ticker or CUSIP change.
- GLL reverse split 1:2, effective June 13, 2025; new CUSIP 74347Y714.
- Splits do not alter total investment value; share price changes proportionally.
- GLL shareholders with odd lots may realize taxable gains/losses from fractional share redemption.
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