SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Amendment #1
Under the Securities and Exchange Act of 1934
ProShares Trust
(Name of Issuer)
ProShares Ultra Utilities
(Title of Class of Securities)
74347R685
(CUSIP Number)
September 30, 2010
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
This Schedule is filed pursuant to Rule 13d-1(b)
The information required in the remainder of this cover page (except any items
to which the form provides a cross-reference) shall not be deemed to be "filed"
for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act.
CUSIP NO. 74347R685
1) Name of Reporting Person
Ameriprise Financial, Inc.
S.S. or I.R.S. Identification No. of Above Person
IRS No. 13-3180631
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2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]*
* This filing describes the reporting person's relationship with other
persons, but the reporting person does not affirm the existence of a group.
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3) SEC Use Only
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4) Citizenship or Place of Organization
Delaware
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5) Sole Voting Power
-0-
NUMBER OF 6) Shared Voting Power
SHARES
BENEFICIALLY -0-
OWNED BY
EACH REPORTING 7) Sole Dispositive Power
PERSON WITH
-0-
8) Shared Dispositive Power
134,035
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
134,035
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount In Row (9)
25.53%
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12) Type of Reporting Person
CO
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CUSIP NO. 74347R685
1) Name of Reporting Person
Securities America Financial Corporation.
S.S. or I.R.S. Identification No. of Above Person
IRS No. 47-0691275
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2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]*
* This filing describes the reporting person's relationship with other
persons, but the reporting person does not affirm the existence of a group.
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization
Nebraska
--------------------------------------------------------------------------------
5) Sole Voting Power
-0-
NUMBER OF 6) Shared Voting Power
SHARES
BENEFICIALLY -0-
OWNED BY
EACH REPORTING 7) Sole Dispositive Power
PERSON WITH
-0-
8) Shared Dispositive Power
134,035
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person
134,035
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount In Row (9)
25.53%
--------------------------------------------------------------------------------
12) Type of Reporting Person
CO
--------------------------------------------------------------------------------
CUSIP NO. 74347R685
1) Name of Reporting Person
Securities America Advisors, Inc.
S.S. or I.R.S. Identification No. of Above Person
IRS No. 47-0648506
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]*
* This filing describes the reporting person's relationship with other
persons, but the reporting person does not affirm the existence of a group.
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization
Nebraska
--------------------------------------------------------------------------------
5) Sole Voting Power
-0-
NUMBER OF 6) Shared Voting Power
SHARES
BENEFICIALLY -0-
OWNED BY
EACH REPORTING 7) Sole Dispositive Power
PERSON WITH
-0-
8) Shared Dispositive Power
134,035
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person
134,035
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount In Row (9)
25.53%
--------------------------------------------------------------------------------
12) Type of Reporting Person
IA
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1(a) Name of Issuer: ProShares Trust
1(b) Address of Issuer's Principal 7501 Wisconsin Ave., Suite 1000
Executive Offices: Bethesda, Maryland 20814
2(a) Name of Person Filing: (a) Ameriprise Financial, Inc.
("AFI")
(b) Securities America Financial
Corporation ("SAFC")
(c) Securities America Advisors,
Inc. ("SAA")
2(b) Address of Principal Business Office: c/o Ameriprise Financial, Inc.
145 Ameriprise Financial Center
Minneapolis, MN 55474
2(c) Citizenship: (a) Delaware
(b) Nebraska
(c) Nebraska
2(d) Title of Class of Securities: ProShares Ultra Utilities
2(e) Cusip Number: 74347R685
3 Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):
(a) Ameriprise Financial, Inc.
A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note:
See Item 7)
(b) Securities America Financial Corporation.
A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note:
See Item 7)
(c) Securities America Advisors, Inc.
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
4 Incorporated by reference to Items (5)-(9) and (11) of the cover page
pertaining to each reporting person.
AFI, as the parent company of SAFC, and indirect parent of SAA, may be
deemed to beneficially own the shares reported herein by SAFC and SAA.
Accordingly, the shares reported herein by AFI include those shares
separately reported herein by SAFC and SAA.
SAFC, as the parent company of SAA, may be deemed to beneficially own the
shares reported herein by SAA. Accordingly, the shares reported herein by
SAFC include those shares separately reported herein by SAA.
Each of the reporting persons herein disclaims beneficial ownership of any
shares reported on this Schedule.
5 Ownership of 5% or Less of a Class:
If this statement is being filed to report the fact as of the date hereof
the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following ( ).
6 Ownership of more than 5% on Behalf of Another Person: Not Applicable
7 Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company:
See Exhibit I
8 Identification and Classification of Members of the Group:
Not Applicable
9 Notice of Dissolution of Group:
Not Applicable
10 Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Dated: October 11, 2010
Ameriprise Financial, Inc.
By /s/ Wade M. Voigt
-------------------------------------
Name: Wade M. Voigt
Title: Director - Fund Administration
Securities America Financial Corporation
By: /s/ Wade M. Voigt
------------------------------------
Name: Wade M. Voigt
Title: Attorney-in-fact
Securities America Advisors, Inc.
By: /s/ Wade M. Voigt
------------------------------------
Name: Wade M. Voigt
Title: Attorney-in-fact
Contact Information
Wade M. Voigt
Director - Fund Administration
Telephone: (612) 671-5682
Exhibit Index
Exhibit I Identification and Classification of the Subsidiary which Acquired
the Security Being Reported on by the Parent Holding Company.
Exhibit II Joint Filing Agreement and Power of Attorney
Exhibit I
to
Schedule 13G
Ameriprise Financial, Inc., a Delaware Corporation, is a parent holding company.
The classification and identity of the relevant subsidiaries are as follows:
Parent Holding Company - Securities America Financial Corporation, a Nebraska
corporation
Investment Adviser - Securities America Advisors, Inc., a Nebraska corporation,
is investment adviser registered under section 203 of the Investment Advisers
Act of 1940.
Exhibit II
to
Schedule 13G
Joint Filing Agreement
And
Power of Attorney
The undersigned persons agree and consent to the joint filing on their behalf of
this Schedule 13G dated October 11, 2010 in connection with their beneficial
ownership of ProShares Ultra Utilities. Each of the undersigned authorizes and
appoints each of Wade M. Voigt, Paul B. Goucher, Scott R. Plummer, Eric T.
Brandt, Amy Johnson, attorney-in-fact and agent, with full power of substitution
and resubstitution, for in name and stead, to sign and file with the US
Securities and Exchange Commission (the "SEC") the Schedule 13G to which this
Exhibit is attached or further amendments thereto, and any and all applications
or other documents to be filed with the SEC pertaining thereto, including, but
not limited to, such applications as may be necessary to file electronically
with the SEC, with full power and authority to do and perform all acts and
things requisite and necessary to be done in connection therewith.
Ameriprise Financial, Inc.
By: /s/ Wade M. Voigt
---------------------------------
Wade M. Voigt
Director - Fund Administration
Securities America Financial Corporation
By: /s/ Terrance DeWald
---------------------------------
Name: Terrance DeWald
Title: Senior Vice President and
General Counsel
Securities America Advisors, Inc.
By: /s/ Terrance DeWald
---------------------------------
Name: Terrance DeWald
Title: Senior Vice President and
General Counsel