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PROSHARES ULTRA S&P 500 (SSO) 40.77 green arrow $0.03 (0.07%) 10:01PM (15 mins delay)


ProShares Launches 3x S&P 500 Funds Despite Increased Scrutiny of Leveraged ETPs

Jun 26, 2009 - 4:01 AM EDT

Ron Rowland submits:

By Patrick Watson

The appetite for risk is apparently healthy enough for ProShares that it launched its first 3x leveraged ETFs today. ProShares UltraPro S&P 500 (UPRO) and ProShares UltraPro Short S&P 500 (SPXU) will be the firm’s most aggressive products yet.


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Source: Seeking Alpha (Jun 26, 2009 - 4:01 AM EDT)



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