ProShares Online Retail ETF (03O5)
XMUN 
Summary
03O5 Chart
Short Interest in ProShares Online Retail ETF (NYSEARCA:ONLN) Grows By 127.5%
ProShares Online Retail ETF (NYSEARCA:ONLN - Get Free Report) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 9,149 shares, an increase of 127.5% from the February 12th total of 4,022 shares. Based on an average daily volume of 11,461 shares, the short-interest ratio is currently
Retail Sales Show Resilience in July: Sector ETFs in Focus
U.S. retail sales rose 0.5% in July, with strength in autos, furniture, online, clothing and health stores driving gains across sectors. One can tap ETFs like ONLN, XRT, IEDI and IHF.
Is February Retail Sales Really Weak? ETFs to Benefit
Retail sales rose by 0.2% in February, a rebound from the downwardly revised 1.2% decline in January.
ProShares Online Retail ETF (03O5) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has ProShares Online Retail ETF ever had a stock split?
ProShares Online Retail ETF Profile
| XMUN Exchange | US Country |
Overview
This fund focuses on investing primarily in companies that operate predominantly in the e-commerce and online retail sectors. With a strategic emphasis on allocating at least 80% of its total assets towards the securities that are part of its target index, the fund seeks to track the performance of businesses that excel in selling their products and services through digital channels. These channels include online platforms, mobile applications, or any form of non-store sales approach, rather than relying on traditional physical store sales. The fund operates with a non-diversified investment portfolio, indicating a potentially higher risk and reward profile due to its concentrated exposure to the e-commerce sector.
Products and Services
- E-Commerce Sector Investment
The fund invests in companies that are primarily involved in online retail or e-commerce. These are businesses that utilize the internet, mobile applications, or other digital channels to sell their products and services, bypassing the traditional brick-and-mortar retail approach. Investment in this sector aims to capture the growth of online shopping and the digitalization of consumer purchasing habits.
- Index-Based Investment Strategy
By focusing on securities that form part of a specific index designed to track the performance of the e-commerce sector, the fund adopts an index-based investment strategy. This approach seeks to replicate the performance of the index, providing investors with exposure to the broader e-commerce industry. The target index comprises companies that are significant players in online sales and digital marketplaces, reflecting the global shift towards non-store sales channels.
