ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $50.36, but opened at $55.66. ProShares UltraPro Short QQQ shares last traded at $56.51, with a volume of 45,983,947 shares changing hands.
ProShares UltraPro Short QQQ Trading Down 5.2 %
The business's fifty day simple moving average is $34.73 and its 200 day simple moving average is $33.25.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were paid a $0.4823 dividend. This represents a $1.93 annualized dividend and a yield of 5.33%. The ex-dividend date was Wednesday, March 26th.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
Several large investors have recently bought and sold shares of SQQQ. Barclays PLC grew its holdings in shares of ProShares UltraPro Short QQQ by 157.8% in the 3rd quarter. Barclays PLC now owns 203,395 shares of the company's stock valued at $1,503,000 after buying an additional 124,500 shares during the period. World Investment Advisors LLC increased its holdings in shares of ProShares UltraPro Short QQQ by 51.0% in the third quarter. World Investment Advisors LLC now owns 28,000 shares of the company's stock worth $207,000 after acquiring an additional 9,463 shares in the last quarter. Peoples Bank KS acquired a new stake in shares of ProShares UltraPro Short QQQ during the fourth quarter worth about $62,000. Foundations Investment Advisors LLC bought a new position in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at about $360,000. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at approximately $2,374,000.
About ProShares UltraPro Short QQQ
(
Get Free Report)
ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.
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