ETF Update: UCO, SCO, SPY
Thursday, July 29, 2010 6:25 PM

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Ultra DJ-UBS Crude Oil ProShares (NYSEArca: UCO) was one of the biggest gainers among the ETFs on Thursday. The fund surged 4.12% to close at $10.11. ProShares Ultra DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index SM. 

UltraShort DJ-UBS Crude Oil ProShares (NYSEArca: SCO) was one of the biggest losers among the ETFs. The fund slid 4.04% to close at $14.01. ProShares UltraShort DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones—UBS Crude Oil Sub-IndexSM. 

Standard & Poor's Depositary Re (NYSEArca: SPY), as usual, was the most active ETFs by share volume. The fund seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks. SPY closed at $110.29 and had a volume of 220.07M shares.

Disclosure: Author doesn't own any of the stocks discussed here.


 

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