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ETF
ProShares Trust - ProShares UltraShort Technology is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across information technology sectors. It employs short strategy and uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track -2x the daily performance of the S&P Technology Select Sector Index, by using synthetic replication technique. ProShares Trust - ProShares UltraShort Technology was formed on January 30, 2007 and is domiciled in the United States.
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