ProShares Announces ETF Share Splits

MorningStar
2026.05.11 22:40
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ProShares has announced forward and reverse share splits for 17 of its ETFs, effective May 28, 2026. The forward split will apply to the NOBL ETF at a 2:1 ratio, while 16 ETFs will undergo reverse splits with varying ratios, such as 1:5 for SLON and 1:4 for SCO. These splits will not affect the total value of shareholders' investments, but may result in fractional shares for some, which will be redeemed for cash. ProShares manages over $100 billion in assets and is a leader in ETF strategies.