ROM - ProShares announces ETF share splits on 17 funds

ProShares has announced that they will make forward and reverse share splits on seventeen of their exchange traded funds which will go into effect in Jan. 2022. Moreover, the splits will not change the total value of a shareholder’s investment. Forward splits decrease the price per share but increase the proportionate number of shares outstanding. While a reverse split is the opposite, it allows for an increase in the price per share and proportionately decreases the number of outstanding shares. Seven of the seventeen ETFs will experience forward splits that will go into effect prior to the market open on Jan. 13, 2022, are listed below: Ten of the seventeen ETFs will experience reverse splits that will go into effect prior to the market open on Jan. 13, 2022, and Jan. 14, 2022, for KOLD are listed below: ProShares tickers affected: (BATS:CSM), (NYSEARCA:ROM), (NYSEARCA:SSO), (NASDAQ:TQQQ), (NYSEARCA:UCC), (NYSEARCA:UPRO), (NYSEARCA:UGE), (NYSEARCA:REK), (NYSEARCA:REW),

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ProShares announces ETF share splits on 17 funds