About ProShares Ultra Basic Materials (UYM)

ProShares Ultra Basic Materials (UYM) is an exchange-traded fund that aims to provide daily investment results that correspond to twice (2x) the daily performance of the Dow Jones U.S. Basic Materials Index. The fund seeks to achieve this through the use of financial instruments, such as swaps, futures contracts, and other derivative instruments. UYM is designed for investors who have a bullish outlook on the basic materials sector and want to amplify their exposure to its performance.

As of the latest available quote, ProShares Ultra Basic Materials (UYM) is trading at $100.50 per share. This represents a change of -1.20% from the previous close. The fund has a market capitalization of approximately $200 million and a trading volume of 100,000 shares. Its 52-week range is $80.25 to $120.75, indicating its price volatility within the given time frame.