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, Rachel Ames
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$432.61 million
Average Daily Volume$22.49 million
Discount/Premium-0.92%
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 Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) Frequently Asked Questions
What is ProShares Trust UltraPro Short QQQ ETF's stock symbol?
ProShares Trust UltraPro Short QQQ ETF trades on the NASDAQ under the ticker symbol "SQQQ."
How often does ProShares Trust UltraPro Short QQQ ETF pay dividends? What is the dividend yield for ProShares Trust UltraPro Short QQQ ETF?
ProShares Trust UltraPro Short QQQ ETF announced a quarterly dividend on Tuesday, June 19th. Stockholders of record on Thursday, June 21st will be paid a dividend of $0.041 per share on Wednesday, June 27th. This represents a $0.16 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Wednesday, June 20th. This is a positive change from ProShares Trust UltraPro Short QQQ ETF's previous quarterly dividend of $0.04. View ProShares Trust UltraPro Short QQQ ETF's Dividend History.
Has ProShares Trust UltraPro Short QQQ ETF been receiving favorable news coverage?
News articles about SQQQ stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. ProShares Trust UltraPro Short QQQ ETF earned a daily sentiment score of 0.06 on Accern's scale. They also assigned media stories about the company an impact score of 47.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
How do I buy shares of ProShares Trust UltraPro Short QQQ ETF?
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 Trust UltraPro Short QQQ ETF's stock price today?
One share of SQQQ stock can currently be purchased for approximately $13.55.
How big of a company is ProShares Trust UltraPro Short QQQ ETF?
ProShares Trust UltraPro Short QQQ ETF has a market capitalization of $427.76 million.
MarketBeat Community Rating for ProShares Trust UltraPro Short QQQ ETF (SQQQ)
MarketBeat's community ratings are surveys of what our community members think about ProShares Trust UltraPro Short QQQ ETF 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.
