ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $58.74, but opened at $49.16. ProShares UltraPro QQQ shares last traded at $52.61, with a volume of 22,014,283 shares.
ProShares UltraPro QQQ Trading Down 8.7 %
The stock's fifty day simple moving average is $71.97 and its 200-day simple moving average is $63.25.
ProShares UltraPro QQQ Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were given a $0.2828 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 2.11%. This is an increase from ProShares UltraPro QQQ's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, June 26th.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $259,000. International Assets Investment Management LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $5,141,000. Fulton Bank N.A. acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $719,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $51,000. Finally, Bleakley Financial Group LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $3,017,000.
ProShares UltraPro QQQ Company Profile
(
Get Free Report)
Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments.
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