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 Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.18 billion
Average Daily Volume$10.64 million
Discount/Premium0.00%
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 announced a quarterly dividend on Tuesday, December 24th. Shareholders of record on Thursday, December 26th will be paid a dividend of $0.108 per share on Thursday, January 2nd. This represents a $0.43 annualized dividend and a yield of 2.62%. The ex-dividend date is Tuesday, December 24th. 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 somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ProShares UltraPro Short QQQ earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for ProShares UltraPro Short QQQ.
What other stocks do shareholders of ProShares UltraPro Short QQQ own?
Who are ProShares UltraPro Short QQQ's major shareholders?
ProShares UltraPro Short QQQ's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.37%), SCP Investment LP (0.28%), Tuttle Tactical Management (0.23%), Prentice Capital Management LP (0.17%), Investment House LLC (0.08%) and Tower Research Capital LLC TRC (0.07%).
Which major investors are selling ProShares UltraPro Short QQQ stock?
SQQQ stock was sold by a variety of institutional investors in the last quarter, including SCP Investment LP and Tower Research Capital LLC TRC .
Which major investors are buying ProShares UltraPro Short QQQ stock?
SQQQ stock was acquired by a variety of institutional investors in the last quarter, including IMC Chicago LLC, Prentice Capital Management LP, Investment House LLC, Simplex Trading LLC, Rational Advisors LLC, Citigroup Inc., Tuttle Tactical Management and UBS Group AG.
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, Robinhood, 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 $16.49.
How big of a company is ProShares UltraPro Short QQQ?
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.
