ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $41.25, but opened at $45.39. ProShares UltraPro QQQ shares last traded at $46.10, with a volume of 38,328,904 shares changing hands.
ProShares UltraPro QQQ Stock Performance
The firm has a market capitalization of $19.89 billion, a PE ratio of 17.85 and a beta of 3.45. The stock's 50-day simple moving average is $67.43 and its 200-day simple moving average is $75.31.
ProShares UltraPro QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were paid a $0.1977 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date was Wednesday, March 26th.
Institutional Trading of ProShares UltraPro QQQ
Large investors have recently bought and sold shares of the company. Oriental Harbor Investment Fund purchased a new position in ProShares UltraPro QQQ during the third quarter valued at $82,199,000. PPSC Investment Service Corp boosted its stake in ProShares UltraPro QQQ by 17.5% during the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund's stock worth $35,325,000 after acquiring an additional 66,582 shares in the last quarter. Ridgepath Capital Management LLC grew its holdings in ProShares UltraPro QQQ by 21.0% in the fourth quarter. Ridgepath Capital Management LLC now owns 163,389 shares of the exchange traded fund's stock worth $12,929,000 after purchasing an additional 28,341 shares during the period. Tidal Investments LLC bought a new position in shares of ProShares UltraPro QQQ during the third quarter valued at approximately $11,598,000. Finally, Orion Portfolio Solutions LLC lifted its holdings in shares of ProShares UltraPro QQQ by 7.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 157,596 shares of the exchange traded fund's stock valued at $12,471,000 after purchasing an additional 10,284 shares during 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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