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ProShares UltraPro QQQ (NASDAQ:TQQQ) Hits New 52-Week High at $64.88

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ProShares UltraPro QQQ logo with background

ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $64.88 and last traded at $64.62, with a volume of 3512256 shares trading hands. The stock had previously closed at $64.57.

ProShares UltraPro QQQ Stock Performance

The firm's 50 day moving average price is $58.66 and its 200 day moving average price is $53.87.

ProShares UltraPro QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were issued a $0.2151 dividend. The ex-dividend date was Wednesday, March 20th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in TQQQ. Sandy Spring Bank raised its holdings in ProShares UltraPro QQQ by 1,113.0% in the fourth quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund's stock worth $28,000 after purchasing an additional 512 shares in the last quarter. Signature Resources Capital Management LLC bought a new stake in ProShares UltraPro QQQ during the fourth quarter worth about $29,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of ProShares UltraPro QQQ during the first quarter valued at approximately $37,000. Westend Capital Management LLC purchased a new position in shares of ProShares UltraPro QQQ during the first quarter valued at approximately $48,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of ProShares UltraPro QQQ in the 4th quarter worth approximately $51,000.

About ProShares UltraPro QQQ

(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.

See Also

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