SPXU ETF Stock Price, Quote & Overview

spxu

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Find exchange traded funds (ETFs) whose sector aligns with the same commodity grouping as the symbol you are viewing. Analysis of these related ETFs and how they are trading may provide insight to this commodity.

We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. We show four separate pivot points (2 Support Levels, and 2 Resistance Points). The Last Price shown is the last trade price at the time the quote page was displayed, and will not update every 10 seconds (as the Last Price at the top of the Quote page does).

spxu

Quote data provided by Interactive Data – Real Time Services, Inc. and subject to terms of use. Index information does not reflect any management fees, transaction costs or expenses. We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.

Some of these projections will produce trigger prices so far removed from the price action that they can be ignored. The closer the trigger price to the current price, the more quickly it will come into play. A price projection of 0.00 is valid for a technical indicator if the calculation determines it will be impossible to trigger the signal.

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The PS is a powerful quantitative analytic that compares the StarMine SmartEstimate to the consensus mean. The SmartEstimate places a higher weight on analysts who are more accurate and timelier, thus providing a refined view into consensus. We also add additional columns of data for further insight – the first column shows the StarMine Analyst Revision Model (ARM) score. Materials saw the largest increase in profit margin expectations this quarter (150 bps), followed by Information Technology (90 bps), and Consumer Discretionary (70 bps). Utilities was the only sector to see its margin decline vs. the start of earnings season (-330 bps). Looking at revenue, Q1 revenue is $3,635 billion (+3.5% y/y, -3.5% q/q).

Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Forex investments are subject to counter-party risk, as there is no central clearing organization for these transactions. ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios. In the old days, investors who wanted to use leverage needed to take positions in the futures markets. The ProShares UltraPro Short S&P500 (SPXU) is an exchange-traded fund that is based on the S&P 500 index.

The bearish trend is likely to continue, with some analysts expecting bigger drops. Looking ahead to next quarter, guidance numbers have started off much more positively compared to last quarter. There have been 31 negative announcements for Q2 compared to 27 positive announcements, resulting in a negative/positive ratio of 1.3. Full-year 2023 expectations have remained stable since April at 11.2%, while the forward four-quarter margin has modestly improved by 10 bps to 11.3%.

Performance

Some of these signals, such as Fibonacci Retracements, have a fixed bullish or bearish interpretation. Others, such as crossovers of a short-term and a long-term moving average, are interpreted as a reversal of the current signal. The bearish trend is likely to continue if the past 150 years of stock market history is any guide.

Daniels&Tansey LLP grew its stake in shares of Microsoft by 2.8% in the 4th quarter. Daniels&Tansey LLP now owns 1,488 shares of the software giant’s stock worth $357,000 after buying an additional 41 shares in the last quarter. Finally, Wellspring Financial Advisors LLC grew its stake in shares of Microsoft by 0.5% in the 1st quarter. Wellspring Financial Advisors LLC now owns 8,536 shares of the software giant’s stock worth $2,632,000 after buying an additional 42 shares in the last quarter.

SPDN: Either Short The Market Or Hedge Your Portfolio Of Bonds … – Seeking Alpha

SPDN: Either Short The Market Or Hedge Your Portfolio Of Bonds ….

Posted: Fri, 06 Jan 2023 08:00:00 GMT [source]

The next two columns show the number of analysts who have upgraded or downgraded EPS estimates for the next upcoming quarter. Finally, we display the expected report date for next quarter along with the StarMine Predicted Surprise (PS). The aggregate revenue surprise of 2.5% is also above both the prior four-quarter average of 2.3% and long-term average of 1.3%. The following charts reflect the allocation of
SPXU’s
underlying holdings. The following charts reflect the geographic spread of
SPXU’s
underlying holdings.

When the Price of Proshares Ultrapro Short S&p50 $SPXU Talks, People Listen

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Utilities (-330 bps) saw the largest decrease this quarter, followed by Insurance (-130 bps), and Financial Services (-40 bps). A forex dealer can be compensated via commission and/or spread on forex trades. Information contained within the fact sheet is not guaranteed to be timely or accurate. View charts that break down the influence that fund flows and price had on overall assets.

The issuers were among a number of firms making changes to expense ratios and enacting splits. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

Holdings

If this happens, it will be the first time since 2020 Q4 where the index went from a negative growth rate at the start of earnings season and ended in the green. The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index. The Fund invests in derivatives that it believes should have similar daily return characteristics as triple the inverse of the daily performance of the Index. This ETF offers 3x daily short leverage to the S&P 500 Index, making it a powerful tool for investors with a bearish short-term outlook for large cap equities. Investors should note that SPXU’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, May 18th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.88%. The screener app provides a powerful workflow tool for Analysts and https://business-oppurtunities.com/corporate-career-development-networking-part-1/ Portfolio Managers looking to parse through hundreds of companies during earnings season to identify thematic trends. Comparing the SmartEstimate to the mean estimate leads to our PS, which accurately predicts the direction of earnings surprise 70% of the time when the PS is greater than 2% of less than -2%.

  • Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment.
  • We sell different types of products and services to both investment professionals and individual investors.
  • The next two columns show the number of analysts who have upgraded or downgraded EPS estimates for the next upcoming quarter.
  • The Fund seeks daily investment results that correspond to triple the inverse of the daily performance of the Index.
  • This and other information can be found in their summary and full prospectuses.

The Russia-Ukraine crisis is the biggest concern in the stock market right now. Investors could stash their cash in these ETFs that offer stability or even profit. Investors are betting that the recent pain in the stock market will intensify and are thus loading up ETFs against the market surge. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

SPXU can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy. After a punishing first half of the year for the stock markets, traders continued to ramp up bets against equities. Exchange traded fund investors can also hedge against further market risks with bear…

Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.

The fund is legally structured as an open-ended investment company, and its adviser is ProShares Advisors. The fund has $598.78 million in assets under management (AUM) as of February 10, 2022. SPXU has a relatively high expense ratio of 0.90%, as of February 10, 2022, but does not include trading and broker fees, which can vary. The fund’s high expense ratio can be attributed to the actively-managed process of daily rebalancing. The S&P 500 is a widely used measure of large U.S. stock market performance.

Lessons Of SPXS Decay – Seeking Alpha

Lessons Of SPXS Decay.

Posted: Thu, 02 Feb 2023 08:00:00 GMT [source]

The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. Here is a look at ETFs that currently offer attractive short selling opportunities. ETF Database’s Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Exchange traded fund flows reveal investors are already prepping for a shift away from risky assets as equities trade toward record highs.