ProShares Trust II (GLL & UVXY) Reverse Share Splits
ProShares Trust II announced mandatory reverse share splits for two ETFs, effective November 20, 2025:
- ProShares UltraShort Gold (GLL): 1-for-2 Reverse Split.
- ProShares Ultra VIX Short-Term Futures ETF (UVXY): 1-for-5 Reverse Split.
Splits increase the price per share but do not change the shareholder’s total investment value immediately.
Key Investor Considerations:
- Ticker symbols will remain unchanged.
- New CUSIPs assigned: GLL (74347Y698), UVXY (74347Y680).
- __Fractional shares created will be red