Discrepancy between Yahoo stats re: 1 for 5 split?
Yahoo shows URE as closing at 9.07 yesterday. By my figuring, that would be 45.35 in post-reverse split dollars. The problem is, 45.35 is above the yearly high Yahoo is currently showing for this ETF. Any answers?
I sure hope most / all brokerages handled this one right, and didn't sell due to an auto trigger related to the price change. Right now Schwab isn't even showing URE in my account let alone maintaining my stop-loss order on it. So besides the risks with leveraged ETFs, there are these erratic management maneuvers that can subvert your intentions or leave you "exposed" when you think your safe. (I've learned enough to know that a rising leveraged star has to be shadowed closely by a sell stop. I've seen triple-leveraged financial and real estate ETFs completely disintegrate.