ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $86.75, but opened at $77.58. ProShares UltraPro QQQ shares last traded at $80.48, with a volume of 32,728,719 shares trading hands.
ProShares UltraPro QQQ Trading Down 8.8 %
The firm's 50-day moving average price is $82.85 and its 200 day moving average price is $74.48.
ProShares UltraPro QQQ Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2754 dividend. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On ProShares UltraPro QQQ
A number of hedge funds have recently made changes to their positions in TQQQ. RPg Family Wealth Advisory LLC acquired a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at approximately $32,000. Signaturefd LLC raised its stake in shares of ProShares UltraPro QQQ by 153.8% during the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund's stock valued at $78,000 after purchasing an additional 655 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund's stock worth $112,000 after purchasing an additional 1,082 shares during the period. James J. Burns & Company LLC bought a new position in ProShares UltraPro QQQ in the 4th quarter valued at about $206,000. Finally, Carnegie Investment Counsel acquired a new position in ProShares UltraPro QQQ during the 4th quarter valued at about $214,000.
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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