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ProShares Ultra Financials Message Board

  • cwtripps cwtripps Feb 23, 2009 9:58 AM Flag

    WFC up 16%, USB up 12- why is UYG lagging?

     

    uyg owns 6% of wfc for example

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    • I think this is a great question...
      Wells is up 6%+ now, JPMorgan up 3%+, Citi up 7%+, BAC up 10% plus.

      ...yet, UYG, the double-financials, is trading negative. Anyone have a rational explanation?

      • 1 Reply to wwwhead222
      • OK this was bugging me so here's the results of the top 10 holdings...both according to Yahoo's "stale" data and the current data, based on the ProShares Web site:

        Today's Summary, plus comment on Yahoo holdings data versus "current" percentage holding:
        Down 4.7% American Express - disappeared from the top 10
        UP 7.65% BANK OF AMERICA CORP - went from 5.06% to 2.79%
        CHUBB - disappeared from the top 10
        UP 14% Citigroup disappeared from the list,
        DOWN 3.42% GOLDMAN SACHS GROUP - went from 1.97% to 4%
        UP 1.06% JP MORGAN CHASE - from 6.83% to 8.76%
        DOWN 0.95% THE TRAVELERS CO - from 1.61% to 2.64%
        UP 9.45% US BANCORP - from 2.91% to 2.16%
        DOWN 1.17% VISA INC. - from 1.47% to 2.93%
        UP 2.47% WELLS FARGO - from 6.31% to 5.06%


        "CURRENT" ProShare Data:
        http://www.proshares.com/funds/uyg.html?Daily%20Holdings
        Security Description Weight
        BANK OF AMERICA CORP COM 2.79%
        BANK OF NEW YORK MELLON 3.07%
        CHUBB CORP COM STK USD1 1.63%
        GOLDMAN SACHS GROUP INC 4.00%
        JPMORGAN CHASE & CO COM 8.76%
        MORGAN STANLEY COM STK 2.22%
        TRAVELERS COS INC/THE 2.64%
        US BANCORP DELAWARE COM 2.16%
        VISA INC USD0.0001 'A' 2.93%
        WELLS FARGO & CO COM STK 5.06%

        "STALE" Yahoo data:
        Yahoo Data - http://finance.yahoo.com/q/hl?s=UYG
        TOP 10 HOLDINGS ( 32.62% OF TOTAL ASSETS)
        Company Symbol % Assets
        AMER EXPRESS INC AXP 1.49
        BK OF AMERICA CP BAC 5.06
        BANK OF NY MELLON CP BK 2.15
        CITIGROUP INC C 2.82
        GOLDMAN SACHS GRP GS 1.97
        JP MORGAN CHASE CO JPM 6.83
        THE TRAVELERS CO TRV 1.61
        US BANCORP USB 2.91
        VISA INC. V 1.47
        WELLS FARGO & CO NEW WFC 6.31

 
UYG
52.66+3.45(+7.01%)Feb 12 4:00 PMEST