ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $62.18, but opened at $65.06. ProShares UltraPro QQQ shares last traded at $65.65, with a volume of 13,178,560 shares traded.
ProShares UltraPro QQQ Trading Down 7.4 %
The firm has a market capitalization of $17.71 billion, a P/E ratio of 26.02 and a beta of 3.45. The business's fifty day moving average is $76.31 and its 200 day moving average is $76.89.
ProShares UltraPro QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.1977 per share. The ex-dividend date is Wednesday, March 26th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.37%.
Hedge Funds Weigh In On ProShares UltraPro QQQ
Several institutional investors and hedge funds have recently bought and sold shares of the business. Cerity Partners LLC boosted its stake in shares of ProShares UltraPro QQQ by 30.5% during the 3rd quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund's stock valued at $2,127,000 after buying an additional 6,857 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of ProShares UltraPro QQQ in the 3rd quarter valued at approximately $21,747,000. CreativeOne Wealth LLC increased its holdings in ProShares UltraPro QQQ by 51.9% in the third quarter. CreativeOne Wealth LLC now owns 19,853 shares of the exchange traded fund's stock worth $1,439,000 after buying an additional 6,782 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in ProShares UltraPro QQQ in the third quarter worth $32,000. Finally, HighTower Advisors LLC raised its holdings in ProShares UltraPro QQQ by 121.2% during the third quarter. HighTower Advisors LLC now owns 12,389 shares of the exchange traded fund's stock valued at $896,000 after buying an additional 6,788 shares in the last quarter.
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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