ProShares Trust - ProShares UltraPro S&P500 is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. It seeks to track 3x the daily performance of the S&P 500 Index, by using full replication technique. ProShares Trust - ProShares UltraPro S&P500 was formed on June 23, 2009 and is domiciled in the United States.

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