Generally speaking we use leveraged issues for trading purposes in Dave’s Special Portfolio (DSP) at the ETF Digest. We’re a proponent of using these issues tactically mindful that many of
ProFunds Group, the world’s largest manager of leveraged and inverse funds1, announced today that it is launching eight new ProShares ETFs. A pair of ETFs, one with a daily 3x
Leveraged ETF’s are powerful trading tools that are ending up in most investors portfolios. Volume is surging in the leveraged vehicles as investors trade 2X and 3X ETF’s in just about any sector.
The world of leveraged ETF’s has been heating up as Proshares has launched their two new triple ETF’s. Direxion a competing sponsor already has several leveraged products in this field. The triple leveraged products have become extremely popular to investors, as it allows them to trade with leverage at a low expense.
ProShares filed to launch an exchange-traded fund seeking to provide 300% of the daily returns of the S&P 500. Proshares also requested approval from the SEC for a new ETF that would give investors 300% short exposure of the index. The Funds are to trade as follows: ProShares UltraPro S&P500 Ticker: UPRO, ProShares UltraPro Short S&P500 Ticker: […]