ProShares Ultra Health Care Stock Set to Split on Wednesday, November 6th (NYSEARCA:RXL)

ProShares Ultra Health Care (NYSEARCA:RXL)’s stock is scheduled to split before the market opens on Wednesday, November 6th. The 2-1 split was announced on Monday, October 28th. The newly issued shares will be issued to shareholders after the market closes on Tuesday, November 5th.

ProShares Ultra Health Care Price Performance

ProShares Ultra Health Care stock traded down $0.50 during trading on Tuesday, hitting $103.31. The stock had a trading volume of 1,777 shares, compared to its average volume of 2,446. The stock’s 50 day moving average is $111.61 and its two-hundred day moving average is $104.97. ProShares Ultra Health Care has a 1 year low of $75.45 and a 1 year high of $117.47.

About ProShares Ultra Health Care

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.