ETF Provider Reaches Goal
July 13th at 2:41pm by Tom Lydon
In just two weeks, ProShares exchange traded funds daily trading volume exceeded 1 million shares. For the past two trading days, the daily volume on the June 21st launched ETFs passed 1 million shares. The ETFs launched were the first leveraged and inverse ETFs.
ProShares is pleased and believe the ETF’s "built-in short and magnified exposure to well-know indexes is appealing." Investors no longer have to set up a margin account, they can take advantage of the funds.
