ProShares to Split 15 ETFs

ProShares, the largest sponsor of leveraged ETFs, said seven of its ETFs will undergo traditional, forward splits while another eight will be subject to reverse splits. Maryland-based ProShares made the announcement

in a statement

released after the close of U.S. markets Friday. The seven ProShares ETFs that will be split on a forward basis are the following: The ProShares Ultra Consumer Goods

UGE

, ProShares UltraPro S&P500

UPRO

, ProShares UltraPro MidCap400

UMDD

, ProShares Ultra Russell3000

UWC

, ProShares Ultra Health Care

RXL

, ProShares Ultra Consumer Services

UCC

and the ProShares UltraPro Russell2000

URTY

. All of those ETFs will be split two-for-one and begin trading at their split-adjusted prices on June 10. The eight ProShares ETFs that will be reverse split are the following: The ProShares UltraShort DJ-UBS Natural Gas

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KOLD

, the ProShares VIX Short-Term Futures ETF

VIXY

, ProShares Ultra VIX Short-Term Futures ETF

UVXY

, ProShares UltraShort Oil & Gas

DUG

, ProShares UltraPro Short Financials

FINZ

, ProShares UltraPro Short 20+ Year Treasury

TTT

, ProShares UltraShort Russell1000 Value

SJF

and the ProShares UltraShort MSCI EAFE

EFU

. All of those ETFs will be reverse split on a one-for-four basis except VIXY and UVXY. VIXY will be split one-for-five and UVXY will be split one-for-10. The reverse split ETFs will also begin trading at their post-split prices on June 10. For more on ETFs, click

here