Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $6.90 and last traded at $6.92, with a volume of 47568295 shares traded. The stock had previously closed at $7.24.
ProShares UltraPro Short QQQ Stock Down 1.8 %
The company has a fifty day simple moving average of $7.91 and a two-hundred day simple moving average of $9.00.
ProShares UltraPro Short QQQ Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were paid a $0.1495 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
A number of institutional investors have recently bought and sold shares of SQQQ. Strategic Investment Solutions Inc. IL purchased a new position in shares of ProShares UltraPro Short QQQ in the 2nd quarter worth about $29,000. International Assets Investment Management LLC acquired a new position in ProShares UltraPro Short QQQ during the second quarter valued at approximately $41,000. Whittier Trust Co. of Nevada Inc. grew its stake in ProShares UltraPro Short QQQ by 438.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 8,080 shares of the company's stock worth $85,000 after buying an additional 6,580 shares during the period. Jeppson Wealth Management LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the second quarter worth $88,000. Finally, Camarda Financial Advisors LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the 1st quarter valued at $107,000.
About ProShares UltraPro Short QQQ
(
Get Free Report)
ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.
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