Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) traded up 3.8% on Friday . The company traded as high as $12.59 and last traded at $12.53. 95,747,841 shares were traded during trading, a decline of 30% from the average session volume of 135,878,719 shares. The stock had previously closed at $12.07.
ProShares UltraPro Short QQQ Stock Performance
The business's 50-day moving average price is $11.03 and its two-hundred day moving average price is $14.19.
ProShares UltraPro Short QQQ Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were issued a $0.164 dividend. The ex-dividend date was Wednesday, March 20th.
Hedge Funds Weigh In On ProShares UltraPro Short QQQ
A number of hedge funds have recently added to or reduced their stakes in SQQQ. Elevatus Welath Management bought a new stake in shares of ProShares UltraPro Short QQQ during the third quarter valued at about $10,428,000. Sowell Financial Services LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at approximately $401,000. Lane Generational LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at approximately $5,549,000. HighTower Advisors LLC grew its stake in shares of ProShares UltraPro Short QQQ by 166.4% in the 3rd quarter. HighTower Advisors LLC now owns 117,375 shares of the company's stock valued at $2,394,000 after buying an additional 73,315 shares in the last quarter. Finally, Pathstone Family Office LLC acquired a new stake in ProShares UltraPro Short QQQ in the 3rd quarter worth approximately $1,312,000.
ProShares UltraPro Short QQQ Company Profile
(
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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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