Last week, it was announced that 23 ProShares ETFs are set to undergo share splits later in May, not to mention other changes that either occurred or are expected in the coming weeks.

The share splits include eight forward splits and 15 reverse splits. The forward splits are set to become effective May 25 and are as follows:

• ProShares Ultra Oil & Gas (DIG), 2 for 1

• ProShares Ultra QQQ (QLD), 2 for 1

• ProShares Ultra SmallCap 600 (SAA), 5 for 1

• ProShares UltraPro Dow 30 (UDOW), 2 for 1

• ProShares UltraPro MidCap 400 (UMDD), 5 for 1

• ProShares Ultra Semiconductors (USD), 4 for 1

• ProShares Ultra Russell 2000 (UWM), 2 for 1

• ProShares Ultra Industrials (UXI), 4 for 1

The reverse splits will be completed in two phases, with the first becoming effective as of the start of trading on May 25:

• ProShares UltraShort MSCI Brazil Capped (BZQ), 1 for 2

• ProShares UltraShort MidCap 400 (MZZ), 1 for 2

• ProShares UltraShort Health Care (RXD), 1 for 2

• ProShares UltraShort SmallCap 600 (SDD), 1 for 4

• ProShares UltraPro Short Dow 30 (SDOW), 1 for 4

• ProShares UltraShort Industrials (SIJ), 1 for 2

• ProShares UltraShort Basic Materials (SMN), 1 for 2

• ProShares UltraPro Short MidCap 400 (SMDD), 1 for 4

• ProShares UltraShort Real Estate (SRS), 1 for 2

• ProShares UltraShort Semiconductors (SSG), 1 for 4

• ProShares UltraShort Consumer Goods (SZK), 1 for 2

The remainder of the reverse splits will become effective as of the start of trading on the next day, May 26, and are as follows:

• ProShares UltraShort Bloomberg Crude Oil (SCO), 1 for 4

• ProShares Ultra VIX Short-Term Futures ETF (UVXY), 1 for 10

• ProShares VIX Short-Term Futures ETF (VIXY), 1 for 4

• ProShares UltraShort Silver (ZSL), 1 for 4

Index, Ticker Changes

There were also a number of other changes to existing ETFs that were either completed last week or were announced.

As of May 10, the IQ MacKay Municipal Insured ETF (MMIN) changed its index from the Bloomberg Barclays Municipal Insured Bond Index to the Bloomberg Barclays Municipal All Insured Bond Index.

As of May 11, the ClearShares Piton Intermediate Fixed Income ETF (BTC) reversed a recent ticker change and reverted to its previous ticker “PIFI.”

On July 19, the $2.1 billion iShares Transportation Average ETF (IYT) is changing its index from the Dow Jones Transportation Average Index to the S&P Transportation Select Industry FMC Capped Index. The Dow Jones Transportation Average is even older than the Dow Jones Industrial Average and is a price-weighted index.

As of Aug. 18, the $10 million Xtrackers MSCI ACWI ex U.S.A. ESG Leaders Equity ETF (ACSG), which launched in late 2018, will change its name to the Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF and its ticker to EMCR. It will also change its index from the MSCI ACWI ex USA ESG Leaders Index to the Solactive ISS Emerging Markets Carbon Reduction & Climate Improvers Index NTR.