KOLD ProShares Trust II
Price Chart
Executive Summary
ProShares Trust II announced forward and reverse share splits on 17 ETFs, including a 1:2 reverse split for BOIL and a 1:4 reverse split for SCO, effective May 28, 2026. The splits do not change the total value of any shareholder's investment and are purely administrative, with no material financial impact on the trust.
Actionable Insight
No trading action warranted. The splits are purely cosmetic and do not affect the underlying value or investment thesis of the ETFs. Monitor for any taxable events from fractional share cash-outs if holding odd lots.
Key Facts
- ProShares announced forward and reverse share splits on 17 ETFs, effective prior to market open on May 28, 2026.
- BOIL (ProShares Ultra Bloomberg Natural Gas) will undergo a 1:2 reverse split; SCO (ProShares UltraShort Bloomberg Crude Oil) will undergo a 1:4 reverse split.
- The splits do not change the total value of a shareholder's investment; only the number of shares and per-share price adjust proportionally.
- Fractional shares resulting from reverse splits will be redeemed for cash, which may be a taxable event for some shareholders.
- Ticker symbols for BOIL and SCO will not change; new CUSIP numbers will be issued.
Financial Impact
No financial impact — the splits are administrative and do not alter total shareholder value.
Risk Factors
- Fractional share cash-outs may create unexpected taxable gains or losses for some shareholders.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-219236 |
| Document: d36754d8k.htm | 0001193125-26-219236 |
| Document: 0001193125-26-219236-index-headers.html | 0001193125-26-219236 |
| Document: 0001193125-26-219236-index.html | 0001193125-26-219236 |
| Document: 0001193125-26-219236.txt | 0001193125-26-219236 |
US Market Status
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