The ProShares family of exchange traded funds (ETFs) surpassed the $2 billion mark in assets. After six months of trading on the American Stock Exchange, the 12 ETFs have provided short and magnified exposure to well known market indexes. Short ProShares and Ultra Short ProShares provide the short and magnified exposure and the Ultra ProShares give magnified daily index performance.
Currently, ProShares regularly trade more than three million shares daily and have traded as many as six million shares in one day, writes Aaron Siegel of Investment News.
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