Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $31.83, but opened at $32.98. ProShares UltraPro Short QQQ shares last traded at $32.93, with a volume of 11,495,989 shares trading hands.
ProShares UltraPro Short QQQ Stock Performance
The firm's 50 day moving average is $31.12 and its 200 day moving average is $37.25.
ProShares UltraPro Short QQQ Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8168 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro Short QQQ's previous dividend of $0.75.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
Several large investors have recently added to or reduced their stakes in SQQQ. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ProShares UltraPro Short QQQ in the 2nd quarter valued at about $29,000. Peoples Bank KS bought a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter worth approximately $62,000. TFB Advisors LLC purchased a new stake in ProShares UltraPro Short QQQ in the third quarter valued at approximately $131,000. CWA Asset Management Group LLC bought a new stake in ProShares UltraPro Short QQQ during the third quarter valued at approximately $133,000. Finally, SG Americas Securities LLC grew its stake in ProShares UltraPro Short QQQ by 25.5% in the 3rd quarter. SG Americas Securities LLC now owns 18,090 shares of the company's stock worth $134,000 after buying an additional 3,679 shares in the last quarter.
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.
See Also
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