ProShares Ultra Bloomberg Crude Oil company info

What does ProShares Ultra Bloomberg Crude Oil do?
ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) operates as an exchange-traded fund (ETF) designed to provide daily investment results, before fees and expenses, that correspond to twice (2x) the daily performance of the Bloomberg Crude Oil Subindex. This ETF allows investors to gain leveraged exposure to the movements in crude oil prices without investing directly in physical oil or futures contracts. Its objective is to meet the needs of traders looking to capitalize on the short-term movements in oil prices, whether they anticipate those prices to rise or fall. By offering this leveraged exposure, ProShares Ultra Bloomberg Crude Oil aims to amplify the investment outcomes for traders and investors who have a strong conviction about the oil market's direction over the short term. It is designed for experienced investors who understand the risks associated with leveraged investments and the volatility of the commodities market.
ProShares Ultra Bloomberg Crude Oil company media
Company Snapshot

Is ProShares Ultra Bloomberg Crude Oil a public or private company?

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Ownership
Public

How many people does ProShares Ultra Bloomberg Crude Oil employ?

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Employees
155

What sector is ProShares Ultra Bloomberg Crude Oil in?

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Sector
ETF

Where is the head office for ProShares Ultra Bloomberg Crude Oil?

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Head Office
Bethesda, United States

What year was ProShares Ultra Bloomberg Crude Oil founded?

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Year Founded
2008
What does ProShares Ultra Bloomberg Crude Oil specialise in?
/ETF Investment /Crude Oil /Leveraged Returns /Commodity Exposure /Financial Instruments /Risk Management

What are the products and/or services of ProShares Ultra Bloomberg Crude Oil?

Overview of ProShares Ultra Bloomberg Crude Oil offerings
Leveraged ETFs designed to deliver twice the daily performance of the Bloomberg Crude Oil Subindex.
Inverse ETFs aiming to provide inverse exposure to the daily performance of the Bloomberg Crude Oil Subindex.
Dynamic commodity index funds for investors seeking broad market exposure.
Risk management services offering hedging options against crude oil price volatility.
Educational resources to help investors understand the complexities of the oil market and leveraged investing.
Customer service support tailored to assist investors in navigating the intricacies of ETF investments and strategies.