ProShares ETF splits effective today!

Just a heads up that a number of ProShares ETF splits and reverse splits are effective today.

Most notably are QLD 2:1, SVXY 2:1, and UVXY 1:4 reverse split.

As a result, any strategy holding these ETFs will probably display incorrect results and incorrect draw down statistics until they are corrected. Also, their related option contracts will be affected.

I have already notified Matthew of this issue and hopefully it will be corrected promptly.

Jim

Here is a link to the list of all of the ProShares ETFs with splits, effective as of 7/17/17:

https://finance.yahoo.com/news/proshares-announces-etf-share-splits-201500038.html

Jim

this caused some of my positions to incorrectly stop out.