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.
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