ProShares UltraPro QQQ (
NASDAQ:TQQQ -
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ProShares UltraPro QQQ Trading Up 3.2%
The firm has a market capitalization of $29.50 billion, a price-to-earnings ratio of 38.25 and a beta of 3.45. The stock has a fifty day moving average of $98.32 and a 200-day moving average of $80.99.
ProShares UltraPro QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were issued a $0.0978 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, September 24th.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of TQQQ. First Merchants Corp acquired a new stake in ProShares UltraPro QQQ during the third quarter valued at $1,034,000. Ironwood Financial llc acquired a new stake in ProShares UltraPro QQQ during the third quarter valued at $355,000. Members Advisory Group LLC boosted its position in ProShares UltraPro QQQ by 13.9% during the third quarter. Members Advisory Group LLC now owns 3,238 shares of the exchange traded fund's stock valued at $335,000 after purchasing an additional 395 shares during the last quarter. TriaGen Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ during the third quarter valued at $207,000. Finally, Clay Northam Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ during the third quarter valued at $435,000.
ProShares UltraPro QQQ Company Profile
(
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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.
Further Reading
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