UCYB
Closed
Proshares Ultra Nasdaq Cybersecurity
38.02
-2.11 (-5.26%)
Last Update: 06 Sep 2024 23:15:00
Yesterday: 40.125
Day's Range: 38.02 - 39.89
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When Written:
26.26
ProShares Ultra Nasdaq Cybersecurity (ticker symbol: UCYB) is an exchange-traded fund (ETF) that seeks to provide investors with twice the daily performance of the Nasdaq CTA Cybersecurity Index. The index tracks companies that provide cybersecurity solutions, products, and services. The ETF invests in a diversified portfolio of companies involved in the cybersecurity industry, including software companies, hardware companies, and consulting firms.
UCYB was launched on October 5, 2021, and has an expense ratio of 0.60%. The ETF is designed for investors who are bullish on the cybersecurity industry and want to amplify their exposure to the sector. However, it is important to note that as a leveraged ETF, UCYB is designed for short-term trading and may not be suitable for long-term investors.
Investors should also be aware of the risks associated with investing in the cybersecurity industry, including the potential for cyberattacks, the fast-paced nature of technological advancements, and the potential for regulatory changes. As with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
UCYB was launched on October 5, 2021, and has an expense ratio of 0.60%. The ETF is designed for investors who are bullish on the cybersecurity industry and want to amplify their exposure to the sector. However, it is important to note that as a leveraged ETF, UCYB is designed for short-term trading and may not be suitable for long-term investors.
Investors should also be aware of the risks associated with investing in the cybersecurity industry, including the potential for cyberattacks, the fast-paced nature of technological advancements, and the potential for regulatory changes. As with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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