Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial
NASDAQ:TQQQ

ProShares UltraPro QQQ (TQQQ) Price, Holdings, & News

$71.02
+5.40 (+8.23%)
(As of 11:30 AM ET)

About ProShares UltraPro QQQ (NASDAQ:TQQQ)

Key Stats

Today's Range
$69.41
$71.32
50-Day Range
$53.19
$81.30
52-Week Range
$30.47
$85.20
Volume
31.15 million shs
Average Volume
63.59 million shs
Market Capitalization
$23.55 billion
Assets Under Management
$22.22 billion
Dividend Yield
1.21%
Net Expense Ratio
0.88%
Aggregate Rating
Moderate Buy

ETF Overview

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.

ProShares UltraPro QQQ Expenses

TypeTQQQLarge Cap ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.57%0.55%0.49%0.52%
Other Expenses0.23%0.30%0.49%0.41%0.54%
Total Expense0.98%0.64%0.71%0.63%0.71%
Fee Waiver-0.10%-0.25%-0.52%-0.33%-0.58%
Net Expense0.88%0.61%0.61%0.56%0.59%

TQQQ ETF News Headlines

3 Leveraged ETFs to Multiply Returns
3 Leveraged ETFs to Multiply Returns
Leading leveraged ETFs provide amplified exposure to top tech stocks like NVIDIA and the broad market for investors with an appropriate risk tolerance.
Biden's Successor: The Radical Threat to YOUR Savings!
Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.
Nasdaq composite today: Tech-heavy Nasdaq closed up 0.20%
Nasdaq composite today: Tech-heavy Nasdaq closed down 0.51%
Nasdaq composite today: The index is up by 1.01%
See More Headlines

TQQQ ETF - Frequently Asked Questions

ProShares UltraPro QQQ's stock was trading at $50.70 at the start of the year. Since then, TQQQ shares have increased by 39.7% and is now trading at $70.84.
View the best growth stocks for 2024 here
.

ProShares UltraPro QQQ's stock split on the morning of Thursday, January 13th 2022. The 2-1 split was announced on Thursday, January 13th 2022. The newly issued shares were payable to shareholders after the closing bell on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

ProShares UltraPro QQQ's top institutional shareholders include Susquehanna International Group LLP, McElhenny Sheffield Capital Management LLC (0.15%), Howard Capital Management Inc. (0.12%) and PPSC Investment Service Corp (0.05%).

Shares of TQQQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that ProShares UltraPro QQQ investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Invesco QQQ (QQQ), Micron Technology (MU), Block (SQ) and Walt Disney (DIS).

Fund Details

Issuer
ProShares
Fund Name
ProShares UltraPro QQQ
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:TQQQ
Inception Date
2/9/2010
Fund Manager
Michael Neches, Devin Sullivan

Fund Focus

Asset Class
Equity
Benchmark
NASDAQ-100 Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
168

Fund Statistics

Assets Under Management
$22.22 billion
Average Daily Volume
$56.23 million
Discount/Premium
0.03%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investor Services Co.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
193,116
Put Options
74,414
Call Options
118,702
Short Interest
37,390,000 shs

Miscellaneous

Beta
3.45
Creation Unit
50,000
Creation Fee
$250.00

Should I Buy ProShares UltraPro QQQ Stock? TQQQ Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these ProShares UltraPro QQQ pros and cons to contact@marketbeat.com.

ProShares UltraPro QQQ
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in ProShares UltraPro QQQ:

  • ProShares UltraPro QQQ has recently hit a new 12-month high at $66.51, indicating strong upward momentum in the stock price.
  • The company offers a dividend, providing potential income for investors. Dividends are payments made by a corporation to its shareholders, usually in the form of cash or additional shares of stock.
  • Institutional investors and hedge funds have been increasing their stakes in ProShares UltraPro QQQ, which can signal confidence in the company's performance and growth potential.
  • The Fund seeks daily investment results that correspond to triple (300%) the daily performance of the NASDAQ-100 Index, offering the potential for amplified returns for investors.
  • ProShares UltraPro QQQ has shown consistent stock price growth, with a 50-day moving average price of $59.26 and a 200-day moving average price of $55.44, indicating a positive trend.

ProShares UltraPro QQQ
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in ProShares UltraPro QQQ for these reasons:

  • ProShares UltraPro QQQ's stock price volatility may be higher due to its triple leverage on the NASDAQ-100 Index, which can lead to increased risk for investors.
  • Investing in leveraged ETFs like ProShares UltraPro QQQ carries a higher level of risk compared to traditional ETFs, as losses can be magnified in volatile market conditions.
  • While the Fund aims to provide triple the daily performance of the NASDAQ-100 Index, it may not always perfectly achieve this objective, leading to potential tracking errors.
  • Investors need to closely monitor their positions in ProShares UltraPro QQQ due to the Fund's daily rebalancing, which can result in higher trading costs and tax implications.
  • Market downturns or sudden shifts in the NASDAQ-100 Index can significantly impact the performance of ProShares UltraPro QQQ, potentially leading to substantial losses for investors.

Top 10 TQQQ Holdings

  • NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: 39.49%
  • NASDAQ 100 INDEX SWAP BNP PARIBAS
    Holding Weight: 34.85%
  • NASDAQ 100 INDEX SWAP CITIBANK NA
    Holding Weight: 34.08%
  • NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL
    Holding Weight: 26.74%
  • NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA
    Holding Weight: 23.79%
  • NASDAQ 100 INDEX SWAP SOCIETE GENERALE
    Holding Weight: 22.59%
  • NASDAQ 100 INDEX SWAP BANK OF AMERICA NA
    Holding Weight: 21.82%
  • NASDAQ 100 INDEX SWAP UBS AG
    Holding Weight: 21.81%
  • NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC
    Holding Weight: 18.40%
  • NASDAQ 100 INDEX SWAP NOMURA CAPITAL
    Holding Weight: 14.80%

TQQQ Sector Exposure

TQQQ Industry Exposure


This page (NASDAQ:TQQQ) was last updated on 9/19/2024 by MarketBeat.com Staff
From Our Partners