ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) shares saw strong trading volume on Wednesday . 73,837,623 shares traded hands during trading, an increase of 22% from the previous session's volume of 60,757,331 shares.The stock last traded at $40.13 and had previously closed at $38.90.
ProShares UltraPro QQQ Trading Up 2.1 %
The stock has a market cap of $20.30 billion, a P/E ratio of 17.85 and a beta of 3.45. The business's fifty day simple moving average is $67.43 and its 200 day simple moving average is $75.32.
ProShares UltraPro QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.1977 per share. The ex-dividend date was Wednesday, March 26th. This represents a $0.79 annualized dividend and a dividend yield of 1.59%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. PayPay Securities Corp raised its position in shares of ProShares UltraPro QQQ by 119.3% during the fourth quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund's stock worth $40,000 after acquiring an additional 272 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in ProShares UltraPro QQQ in the fourth quarter worth about $47,000. Clear Investment Research LLC raised its holdings in ProShares UltraPro QQQ by 83.3% during the 4th quarter. Clear Investment Research LLC now owns 1,054 shares of the exchange traded fund's stock worth $83,000 after purchasing an additional 479 shares during the last quarter. Beacon Capital Management LLC acquired a new position in ProShares UltraPro QQQ during the 4th quarter valued at about $109,000. Finally, Menard Financial Group LLC bought a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at about $146,000.
ProShares UltraPro QQQ Company Profile
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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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