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.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.