ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $88.25, but opened at $86.37. ProShares UltraPro QQQ shares last traded at $84.70, with a volume of 8,804,056 shares traded.
ProShares UltraPro QQQ Trading Down 4.1 %
The firm's 50-day simple moving average is $80.69 and its 200 day simple moving average is $73.80.
ProShares UltraPro QQQ Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a $0.2754 dividend. This is a positive change from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date is Monday, December 23rd.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of TQQQ. JPMorgan Chase & Co. lifted its holdings in ProShares UltraPro QQQ by 55.3% during the third quarter. JPMorgan Chase & Co. now owns 16,951 shares of the exchange traded fund's stock worth $1,229,000 after acquiring an additional 6,039 shares in the last quarter. Oriental Harbor Investment Fund acquired a new stake in shares of ProShares UltraPro QQQ during the third quarter worth about $82,199,000. Tidal Investments LLC bought a new position in shares of ProShares UltraPro QQQ during the 3rd quarter valued at about $11,598,000. World Investment Advisors LLC grew its position in shares of ProShares UltraPro QQQ by 11.8% in the 3rd quarter. World Investment Advisors LLC now owns 15,987 shares of the exchange traded fund's stock valued at $1,159,000 after purchasing an additional 1,684 shares during the period. Finally, Discipline Wealth Solutions LLC acquired a new position in shares of ProShares UltraPro QQQ in the 3rd quarter valued at approximately $1,698,000.
About ProShares UltraPro QQQ
(
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.
Further Reading
Before you consider ProShares UltraPro QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro QQQ wasn't on the list.
While ProShares UltraPro QQQ currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
