ProShares - Ultra PLTR
PLTA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Sep 10, 2025
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Trust (PLTA) is an open-end investment trust that issues exchange-traded funds, including leveraged and inverse ETFs designed to deliver specified multiples, typically 2x, of the daily performance of underlying benchmarks such as individual stocks or indices, before fees and expenses. ProShares Ultra PLTR (PLTA), a flagship series, seeks daily investment results corresponding to two times (2x) the daily performance of Class A common stock of Palantir Technologies Inc. (PLTR), a software platform provider specializing in data analytics for counterterrorism, defense, and commercial enterprises; the fund achieves this exposure primarily through derivatives including swap agreements with counterparties such as Bank of America NA, Citibank NA, Nomura, and Goldman Sachs, alongside net other assets. The Trust offers a broad lineup of products encompassing geared equity ETFs targeting sectors like technology, semiconductors, and cryptocurrencies; high income and dividend growth strategies; interest rate hedged bonds; thematic funds focused on metaverse and clean energy; and dynamic buffer ETFs providing capped gains with downside protection; distributions occur quarterly where applicable, with PLTA's net expense ratio at 0.95% under a contractual waiver through September 30, 2026. Founded in 1999 and headquartered in Bethesda, Maryland, ProShares Trust operates globally through listings on NYSE Arca and distributes funds via SEI Investments Distribution Co., with assets under management exceeding $70 billion as of 2024 and no direct subsidiaries or parent affiliations noted. In September 2025, the Trust expanded its single-stock leveraged ETF offerings by launching ProShares Ultra PLTR (PLTA) alongside three peers—ProShares Ultra COIN (COIA), Ultra NVDA (NVDB), and Ultra TSLA (TSLI)—targeting 2x daily returns of high-growth innovators in data analytics, cryptocurrencies, semiconductors, and electric vehicles; earlier in June 2025, it introduced the first dynamic buffer ETFs, including Pro S&P500 Dynamic ETF, Pro Nasdaq100 Dynamic ETF, and Pro Russell 0 Dynamic ETF, employing a patent-pending methodology for dynamic downside protection up to 5% on declining days while capturing capped upside. These launches reflect ongoing strategic innovation amid market volatility, with no major acquisitions, funding rounds, or reorganizations reported in the past 1-2 years.