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AI brief of an SEC Form 8-K · ProShares Trust II (AGQ)

ProShares sets 1-for-2 reverse split for VIXM ETF, effective before market open Nov. 19, 2026

Neutral Impact 2 of 5 shareholder Written later

ProShares Trust II announced a 1-for-2 reverse split of the ProShares VIX Mid-Term Futures ETF (VIXM), effective before market open on November 19, 2026. The company says the split will not change the value of a shareholder's investment, but fractional shares created by the split will be redeemed for cash, which may be a taxable event.

Key points

  • VIXM ticker stays the same; the fund receives new CUSIP 74347Y649 and each two pre-split shares become one post-split share.
  • Fractional post-split shares will be redeemed for cash and sent to the shareholder's broker of record.
  • The same press release covers 15 ETFs in total: three forward splits (EET and ROM at 3:1, BIB at 2:1) and 12 reverse splits, including VIXM.

The filing

CompanyProShares Trust II (AGQ)
Form8-K, current report
Filed with the SECNov 3, 2026, 4:43 PM ET
Accession number0001193125-26-445531

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.