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
Before you consider ProShares UltraPro QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro QQQ wasn't on the list.
While ProShares UltraPro QQQ currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.