ProShares UltraPro QQQ (NASDAQ:TQQQ - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $58.62, but opened at $56.19. ProShares UltraPro QQQ shares last traded at $58.56, with a volume of 15,355,470 shares traded.
ProShares UltraPro QQQ Trading Down 4.0 %
The firm has a market cap of $13.51 billion, a PE ratio of 17.85 and a beta of 3.45. The company has a 50 day moving average price of $72.53 and a 200 day moving average price of $76.62.
ProShares UltraPro QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.1977 per share. This represents a $0.79 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Wednesday, March 26th.
Hedge Funds Weigh In On ProShares UltraPro QQQ
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Howard Financial Services LTD. purchased a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $470,000. Alpha Wealth Funds LLC acquired a new stake in ProShares UltraPro QQQ during the 4th quarter valued at $1,878,000. Menard Financial Group LLC purchased a new position in ProShares UltraPro QQQ during the fourth quarter worth $146,000. Blue Sky Capital Consultants Group Inc. acquired a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth $1,964,000. Finally, Stuart Chaussee & Associates Inc. acquired a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth $1,473,000.
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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