other material
confidence high
sentiment neutral
materiality 0.50
ProShares announces forward and reverse splits on 22 ETFs; effective Nov 20
ProShares Trust II
- Forward splits (2:1 to 4:1) on 8 ETFs including QLD, SSO, TQQQ; reverse splits (1:2 to 1:10) on 14 ETFs including GLL, UVXY, SQQQ.
- All splits effective prior to market open on November 20, 2025; tickers unchanged.
- Reverse splits require new CUSIP numbers; fractional shares redeemed for cash, may trigger taxable events.
- No change in total shareholder investment value from any split.