|Free Dividend Report|
|URE Dividend History|
|URE Stock Split History|
|Preferred Stock Newsletter|
|URE Options Chain|
|URE Message Board|
ProShares Trust - Ultra Real Estate (URE) has 2 splits in our URE split history database. The first split for URE took place on April 15, 2010. This was a 1 for 5 reverse split, meaning for each 5 shares of URE owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split. URE's second split took place on July 17, 2017. This was a 2 for 1 split, meaning for each share of URE owned pre-split, the shareholder now owned 2 shares. For example, a 200 share position pre-split, became a 400 share position following the split.
When a company such as ProShares Trust - Ultra Real Estate splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as ProShares Trust - Ultra Real Estate conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the URE split history from start to finish, an original position size of 1000 shares would have turned into 400 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ProShares Trust - Ultra Real Estate shares, starting with a $10,000 purchase of URE, presented on a split-history-adjusted basis factoring in the complete URE split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||9.60%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.51%|
|About ProShares Trust - Ultra Real Estate|
|ProShares Ultra Real Estate ETF (the "Fund") is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Real Estatesm Index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts. As of May 31 2013, the Fund's total assets were $380,233,914 and the Fund's investment portfolio was valued at $349,452,247. According to our URE split history records, ProShares Trust - Ultra Real Estate has had 2 splits.|
|URE Split History Table|
|04/15/2010||1 for 5|
|07/17/2017||2 for 1|
|Financials Stock Splits|
|URE is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: URE shares outstanding history