ProShares Ultra SpaceX ETF (NYSEARCA:SPCF – Get Free Report)’s stock price were up 16.7% during mid-day trading on Monday . The stock traded as high as $34.92 and last traded at $34.83. Approximately 2,727,718 shares were traded during trading, The stock had previously closed at $29.84.
ProShares Ultra SpaceX ETF Price Performance
ProShares Ultra SpaceX ETF Company Profile
SPCF, the ProShares Ultra SpaceX ETF, is a leveraged single-stock fund that seeks daily investment results, before fees and expenses, equal to 2x (200%) the daily performance of the common stock of SpaceX (SPCX). Because the fund pursues a daily objective and resets its exposure each day, it is designed as a short-term, tactical tool rather than a buy-and-hold investment: over any holding period longer than a single day, returns can differ significantly from 2x the underlying stock’s performance, and that gap tends to widen in more volatile markets.
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