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Video: What is a Stock Split?
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ProShares UltraPro S&P500 is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index (the Index). The Index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors criteria such as liquidity, price, market capitalization and financial viability. As of May 31 2013, the Fund's total assets and investment portfolio totaled $367,259,046 and $327,032,645, respectively. According to our ProShares Trust - ProShares UltraPro S&P500 stock split history records, ProShares Trust - ProShares UltraPro S&P500 has had 5 splits. | |
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ProShares Trust - ProShares UltraPro S&P500 (UPRO) has 5 splits in our ProShares Trust - ProShares UltraPro S&P500 stock split history database. The first split for UPRO took place on February 25, 2011. This was a 3 for 1 split, meaning for each share of UPRO owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. UPRO's second split took place on June 10, 2013. This was a 2 for 1 split, meaning for each share of UPRO owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. UPRO's third split took place on May 20, 2015. This was a 2 for 1 split, meaning for each share of UPRO owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. UPRO's 4th split took place on May 24, 2018. This was a 3 for 1 split, meaning for each share of UPRO owned pre-split, the shareholder now owned 3 shares. For example, a 12000 share position pre-split, became a 36000 share position following the split. UPRO's 5th split took place on January 13, 2022. This was a 2 for 1 split, meaning for each share of UPRO owned pre-split, the shareholder now owned 2 shares. For example, a 36000 share position pre-split, became a 72000 share position following the split.
When a company such as ProShares Trust - ProShares UltraPro S&P500 splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ProShares Trust - ProShares UltraPro S&P500 stock split history from start to finish, an original position size of 1000 shares would have turned into 72000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ProShares Trust - ProShares UltraPro S&P500 shares, starting with a $10,000 purchase of UPRO, presented on a split-history-adjusted basis factoring in the complete ProShares Trust - ProShares UltraPro S&P500 stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$8.39 |
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End price/share: |
$60.75 |
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Starting shares: |
1,191.90 |
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Ending shares: |
1,235.79 |
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Dividends reinvested/share: |
$1.08 |
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Total return: |
650.74% |
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Average Annual Total Return: |
22.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$75,087.83 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$8.39 |
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End price/share: |
$60.75 |
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Dividends collected/share: |
$1.08 |
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Total return: |
636.96% |
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Average Annual Total Return: |
22.10% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$73,687.57 |
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Years: |
10.00 |
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Date |
Ratio |
02/25/2011 | 3 for 1 | 06/10/2013 | 2 for 1 | 05/20/2015 | 2 for 1 | 05/24/2018 | 3 for 1 | 01/13/2022 | 2 for 1 |
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