U.S. markets close in 5 hours 29 minutes
  • S&P 500

    4,150.33
    +15.39 (+0.37%)
     
  • Dow 30

    33,987.60
    +166.30 (+0.49%)
     
  • Nasdaq

    13,828.29
    +42.02 (+0.30%)
     
  • Russell 2000

    2,212.95
    +24.74 (+1.13%)
     
  • Crude Oil

    61.94
    -0.73 (-1.16%)
     
  • Gold

    1,793.30
    +14.90 (+0.84%)
     
  • Silver

    26.43
    +0.59 (+2.30%)
     
  • EUR/USD

    1.2019
    -0.0022 (-0.18%)
     
  • 10-Yr Bond

    1.5750
    +0.0130 (+0.83%)
     
  • GBP/USD

    1.3928
    -0.0009 (-0.07%)
     
  • USD/JPY

    108.1360
    +0.0660 (+0.06%)
     
  • BTC-USD

    55,640.84
    -452.04 (-0.81%)
     
  • CMC Crypto 200

    1,276.29
    +13.33 (+1.06%)
     
  • FTSE 100

    6,903.56
    +43.69 (+0.64%)
     
  • Nikkei 225

    28,508.55
    -591.83 (-2.03%)
     

ProShares, First Trust Make Changes To ETFs

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Heather Bell
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

This week saw a few issuers making expense ratio changes to their ETFs or splitting shares. Among them was ProShares, which announced splits for a dozen of its funds, effective Jan. 21, 2021.

Those scheduled splits include 2-for-1 forward splits for the ProShares Ultra Health Care ETF (RXL) and the ProShares UltraPro QQQ ETF (TQQQ).

There are also 10 planned reverse splits, which include the following:

Similarly, effective as of the close of markets today, Jan. 8, Direxion is enacting share splits on four of its funds. They are as follows:

Expense Ratio Changes

First Trust and ALPS both made some changes to ETF expense ratios. For ALPS, this meant a 10-basis-point reduction in the expense ratio of the ALPS Clean Energy ETF (ACES) from 0.65% to 0.55%, while First Trust changed the fees on eight of its funds, effective Jan. 4, 2021.

Those changes are as follows:

Contact Heather Bell at hbell@etf.com

 

Recommended Stories


Permalink | © Copyright 2021 ETF.com. All rights reserved