other
confidence high
sentiment neutral
materiality 0.30
ProShares announces forward and reverse ETF share splits for seven funds
ProShares Trust II
- UGL (ProShares Ultra Gold) 4:1 forward split effective June 13, 2025.
- Reverse splits for ETHT (1:5), SBIT (1:5), SIJ (1:2), SMDD (1:2), SCC (1:2) effective June 12, 2025.
- GLL (ProShares UltraShort Gold) reverse split 1:2 effective June 13, 2025.
- Total value of shareholder investments unchanged; new CUSIP numbers for reverse-split funds.
- Fractional shares from reverse splits redeemed for cash, may be taxable.
item 9.01