ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $48.58, but opened at $51.90. ProShares UltraPro QQQ shares last traded at $50.43, with a volume of 36,667,324 shares changing hands.
ProShares UltraPro QQQ Trading Down 0.4 %
The business has a 50 day moving average of $63.64 and a 200-day moving average of $74.43. The stock has a market cap of $18.59 billion, a PE ratio of 17.85 and a beta of 3.45.
ProShares UltraPro QQQ Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.1977 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.75%.
Institutional Trading of ProShares UltraPro QQQ
A number of large investors have recently bought and sold shares of TQQQ. SVB Wealth LLC acquired a new position in ProShares UltraPro QQQ in the fourth quarter valued at $791,000. Chung Wu Investment Group LLC purchased a new stake in ProShares UltraPro QQQ during the 4th quarter valued at approximately $983,000. LPL Financial LLC lifted its position in ProShares UltraPro QQQ by 15.5% during the 4th quarter. LPL Financial LLC now owns 71,975 shares of the exchange traded fund's stock worth $5,695,000 after acquiring an additional 9,684 shares during the period. Drive Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ during the 4th quarter worth approximately $1,108,000. Finally, Oriental Harbor Investment Fund purchased a new position in shares of ProShares UltraPro QQQ in the 3rd quarter valued at approximately $82,199,000.
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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