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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles. The Fund's advisor is ProShare Advisors.
Basic Details
Issuer ProShares
Fund NameProShares UltraPro Short QQQ
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:SQQQ
Inception Date2/9/2010
Fund ManagerMichael Neches, Devin Sullivan
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkNASDAQ 100 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$428.56 million
Average Daily Volume$38.10 million
Discount/Premium6.49%
ETF Expenses
Management Fee0.75%
Other Expenses0.26%
Total Expenses1.01%
Fee Waiver-0.06%
Net Expenses0.95%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerVirtu Financial
ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Frequently Asked Questions
What is ProShares UltraPro Short QQQ's stock symbol?
ProShares UltraPro Short QQQ trades on the NASDAQ under the ticker symbol "SQQQ."
How often does ProShares UltraPro Short QQQ pay dividends? What is the dividend yield for ProShares UltraPro Short QQQ?
ProShares UltraPro Short QQQ declared a quarterly dividend on Thursday, September 27th. Investors of record on Thursday, September 27th will be given a dividend of $0.0667 per share on Wednesday, October 3rd. This represents a $0.27 annualized dividend and a yield of 1.79%. The ex-dividend date is Wednesday, September 26th. This is an increase from ProShares UltraPro Short QQQ's previous quarterly dividend of $0.04. View ProShares UltraPro Short QQQ's Dividend History.
Has ProShares UltraPro Short QQQ been receiving favorable news coverage?
News coverage about SQQQ stock has been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ProShares UltraPro Short QQQ earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Who are ProShares UltraPro Short QQQ's major shareholders?
ProShares UltraPro Short QQQ's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hsbc Holdings PLC (0.95%), Trellus Management Company LLC (0.13%) and Tower Research Capital LLC TRC (0.05%).
Which institutional investors are buying ProShares UltraPro Short QQQ stock?
SQQQ stock was bought by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Trellus Management Company LLC and Tower Research Capital LLC TRC .
How do I buy shares of ProShares UltraPro Short QQQ?
Shares of SQQQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares UltraPro Short QQQ's stock price today?
One share of SQQQ stock can currently be purchased for approximately $14.94.
What is ProShares UltraPro Short QQQ's official website?
MarketBeat Community Rating for ProShares UltraPro Short QQQ (NASDAQ SQQQ)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraPro Short QQQ and other stocks. Vote "Outperform" if you believe SQQQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SQQQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
