other
confidence high
sentiment neutral
materiality 0.20
ProShares announces forward and reverse ETF share splits effective May 28, 2026
ProShares Trust II
- Forward split on NOBL (S&P 500 Dividend Aristocrats ETF) at 2:1 ratio, effective May 28.
- Reverse splits on 16 ETFs including BOIL (1:2), SCO (1:4), SLON, UXRP, and others.
- Splits effective before market open May 28; ticker symbols unchanged, new CUSIP for most.
- Fractional shares from reverse splits redeemed for cash, potentially a taxable event.
- Share splits do not change the total value of a shareholder's investment.