In The Zone

SRS – Pro Shares Ultra Short Real Estate ETF

The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the Dow Jones U.S. Real Estate index. The fund normally invests 80% of assets in financial instruments with economic characteristics that should be inverse to those of the index. It may employ leveraged investment techniques in seeking its investment objective. The fund is non-diversified. The Pro Shares Ultra Short Real Estate ETF ended the day trading on Friday at $25.02 +1.36 or 5.75 percent for the week on heavier than average trading volume of 160.8 million. Keep this ETF on your radar for a possible move to the upside if the general market starts to pullback after 8 weeks of upside momentum.
*** Please have a look at the chart below ***