ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $18.99 and last traded at $19.40, with a volume of 30345196 shares changing hands. The stock had previously closed at $19.53.
ProShares UltraPro Short QQQ Price Performance
The company has a 50-day moving average price of $23.03 and a 200-day moving average price of $29.63.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Wednesday, June 25th were given a $0.2566 dividend. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $1.03 annualized dividend and a dividend yield of 5.31%.
Institutional Trading of ProShares UltraPro Short QQQ
Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new position in ProShares UltraPro Short QQQ in the first quarter valued at $7,668,000. Game Plan Financial Advisors LLC increased its stake in ProShares UltraPro Short QQQ by 16,818.2% in the first quarter. Game Plan Financial Advisors LLC now owns 1,861 shares of the company's stock valued at $71,000 after purchasing an additional 1,850 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in ProShares UltraPro Short QQQ in the first quarter valued at $392,000. Summit Financial LLC acquired a new position in ProShares UltraPro Short QQQ in the first quarter valued at $1,030,000. Finally, Flow Traders U.S. LLC acquired a new position in ProShares UltraPro Short QQQ in the first quarter valued at $2,512,000.
ProShares UltraPro Short QQQ Company Profile
(
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ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.
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