ProShares Ultra Nasdaq Biotechnology company info

What does ProShares Ultra Nasdaq Biotechnology do?
ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB) specializes in providing investment results that correspond to two times the daily performance of the Nasdaq Biotechnology Index. This means that it aims to offer double the daily returns of an index that tracks the performance of a basket of biotechnology and pharmaceutical companies listed on the NASDAQ exchange. The fund leverages financial instruments like futures, swaps, and other derivatives to achieve its goals, making it an attractive option for investors looking for amplified exposure to the biotech sector. Its projects and objectives are primarily focused on maximizing returns for investors through strategic investments in the biotech industry, adapting to market changes, and managing risks associated with leveraged investing. BIB invests in a wide range of biotech companies, from startups to established firms, covering areas such as drug development, genetic research, and medical technology, aiming to capitalize on the growth potential of this innovative and rapidly evolving sector.
ProShares Ultra Nasdaq Biotechnology company media
Company Snapshot

Is ProShares Ultra Nasdaq Biotechnology a public or private company?

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Ownership
Public

How many people does ProShares Ultra Nasdaq Biotechnology employ?

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Employees
151

What sector is ProShares Ultra Nasdaq Biotechnology in?

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Sector
ETF

Where is the head office for ProShares Ultra Nasdaq Biotechnology?

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Head Office
Bethesda, United States

What year was ProShares Ultra Nasdaq Biotechnology founded?

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Year Founded
2010
What does ProShares Ultra Nasdaq Biotechnology specialise in?
/Leveraged ETF /Biotechnology Industry /Daily Investment /Equity Holdings /High-Risk Category /Index Tracking

What are the products and/or services of ProShares Ultra Nasdaq Biotechnology?

Overview of ProShares Ultra Nasdaq Biotechnology offerings
Leveraged ETFs offering 2x daily returns of the NASDAQ Biotechnology Index.
Intraday trading options for aggressive short-term investment strategies.
Risk management solutions through leveraged investments.
Educational resources for understanding leveraged and inverse ETFs.
Professional and retail investor access to the biotech sector's growth potential.
Hedging opportunities against biotechnology market volatility.