ProShares Announces Changes to ETF Lineup
ProShares Equities for Rising Rates ETF (EQRR)
US:NASDAQ Investor Relations:
proshares.com/funds/eqrr.html
Company Research
Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--ProShares announced today plans to liquidate and close one ProShares Trust ETF, based on an ongoing review of ProShares product offerings. Specifically, the following ETF will be liquidated and closed:Fund NameTickerExchangeProShares S&P 500® Bond ETFSPXBNYSE ArcaThe last day the fund will accept creation and redemption orders is April 22, 2024. Trading in the fund on NYSE Arca will be halted prior to market open on April 23, 2024. Beginning on April 23, 2024, the fund will not be traded on NYSE Arca, and there will be no secondary market for fund shares. On or about April 23, 2024, the fund will begin the process of liquidating its portfolio and will no longer be managed in accordance with its investment objective. Any shareholders remaining in the fund will have their shares redeemed for cash at net asset value on or about May 6, 2024.About ProSharesProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of t
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