ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Gap Down to $53.71

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ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $53.71, but opened at $50.90. ProShares UltraPro QQQ shares last traded at $51.68, with a volume of 29,382,299 shares traded.

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ProShares UltraPro QQQ Trading Down 1.6 %

The business has a 50-day moving average price of $59.02 and a 200-day moving average price of $50.64.

ProShares UltraPro QQQ Announces Dividend

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

Institutional Trading of ProShares UltraPro QQQ

A number of hedge funds have recently bought and sold shares of the company. Q3 Asset Management acquired a new stake in shares of ProShares UltraPro QQQ during the first quarter valued at approximately $1,973,000. Simplicity Wealth LLC purchased a new position in ProShares UltraPro QQQ during the 1st quarter worth approximately $3,636,000. Spire Wealth Management raised its stake in ProShares UltraPro QQQ by 1,215.2% during the 1st quarter. Spire Wealth Management now owns 5,090 shares of the exchange traded fund's stock valued at $313,000 after purchasing an additional 4,703 shares during the period. Essex Financial Services Inc. purchased a new stake in shares of ProShares UltraPro QQQ in the first quarter valued at $380,000. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of ProShares UltraPro QQQ by 9.3% in the first quarter. Ashton Thomas Private Wealth LLC now owns 82,163 shares of the exchange traded fund's stock worth $5,058,000 after buying an additional 6,960 shares during the period.

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ProShares UltraPro QQQ Company Profile

(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.

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