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NASDAQ:TQQQ

ProShares UltraPro QQQ (TQQQ) Price, Holdings, & News

$67.23
-0.14 (-0.21%)
(As of 02:50 PM ET)
Today's Range
$66.63
$68.32
50-Day Range
$49.48
$67.45
52-Week Range
$30.47
$68.32
Volume
36.13 million shs
Average Volume
67.69 million shs
Market Capitalization
$24.43 billion
Assets Under Management
$22.71 billion
Dividend Yield
1.04%
Net Expense Ratio
0.95%
TQQQ stock logo

About ProShares UltraPro QQQ (NASDAQ:TQQQ)

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.

TQQQ Stock Price History

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Fund Details

Issuer
ProShares
Fund Name
ProShares UltraPro QQQ
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:TQQQ
Inception Date
2/9/2010
Fund Manager
Michael Neches, Devin Sullivan

Fund Focus

Asset Class
Equity
Benchmark
NASDAQ-100 Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
140

Fund Statistics

Assets Under Management
$23.13 billion
Average Daily Volume
$45.50 million
Discount/Premium
-0.06%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investor Services Co.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
284,589
Put Options
131,993
Call Options
152,596
Short Interest
35,500,000 shs

Miscellaneous

Beta
3.45
Creation Unit
50,000
Creation Fee
$250.00
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ProShares UltraPro QQQ Expenses

TypeTQQQLarge Cap ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.48%0.51%
Other Expenses0.26%0.27%0.54%0.34%0.58%
Total Expense1.01%0.63%0.70%0.58%0.70%
Fee Waiver-0.06%-0.19%-0.55%-0.22%-0.56%
Net Expense0.95%0.61%0.60%0.54%0.58%

ProShares UltraPro QQQ (TQQQ) Holdings & Exposure

Top 10 TQQQ Holdings

  • NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: 38.65%
  • NASDAQ 100 INDEX SWAP BNP PARIBAS
    Holding Weight: 36.21%
  • NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL
    Holding Weight: 29.86%
  • NASDAQ 100 INDEX SWAP SOCIETE GENERALE
    Holding Weight: 28.16%
  • NASDAQ 100 INDEX SWAP CITIBANK NA
    Holding Weight: 27.78%
  • NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC
    Holding Weight: 24.91%
  • NASDAQ 100 INDEX SWAP BANK OF AMERICA NA
    Holding Weight: 22.46%
  • NASDAQ 100 INDEX SWAP JPMORGAN CHASE BANK NA
    Holding Weight: 21.84%
  • NASDAQ 100 INDEX SWAP UBS AG
    Holding Weight: 21.75%
  • NASDAQ 100 E-MINI EQUITY INDEX 21/JUN/2024 NQM4 INDEX
    Holding Weight: 9.59%

TQQQ Sector Exposure

TQQQ Industry Exposure

Should I Buy ProShares UltraPro QQQ Stock? TQQQ Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ProShares UltraPro QQQ:

  • ProShares UltraPro QQQ provides investors with triple the daily performance of the NASDAQ-100 Index, making it an attractive option for those seeking amplified returns.
  • Investors can take advantage of the leverage offered by ProShares UltraPro QQQ to potentially enhance their portfolio performance, especially during bullish market conditions.
  • With the recent surge in technology stocks, investing in ProShares UltraPro QQQ allows investors to capitalize on the growth potential of leading tech companies.
  • Given the current stock price of ProShares UltraPro QQQ, investors have the opportunity to participate in the NASDAQ-100 Index at a fraction of the cost of buying individual stocks.
  • ProShares UltraPro QQQ is a liquid and easily tradable ETF, providing investors with flexibility in managing their investment positions.

Cons

Investors should be bearish about investing in ProShares UltraPro QQQ for these reasons:

  • Due to the triple leverage factor, ProShares UltraPro QQQ is more volatile and carries a higher risk compared to traditional ETFs, which may not be suitable for all investors.
  • Investors need to closely monitor their positions in ProShares UltraPro QQQ as leverage can magnify losses in a declining market, leading to potential significant portfolio drawdowns.
  • High expense ratios associated with leveraged ETFs like ProShares UltraPro QQQ can erode returns over time, impacting long-term investment performance.
  • Investing in ProShares UltraPro QQQ requires a deep understanding of market dynamics and risk management strategies to navigate the complexities of leveraged products effectively.
  • During periods of market uncertainty or increased volatility, ProShares UltraPro QQQ may experience amplified price swings, adding to the investment risk and potential losses.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 4, 2024. Please send any questions or comments about these ProShares UltraPro QQQ pros and cons to contact@marketbeat.com.

TQQQ ETF - Frequently Asked Questions

How have TQQQ shares performed in 2024?

ProShares UltraPro QQQ's stock was trading at $50.70 at the beginning of the year. Since then, TQQQ stock has increased by 34.2% and is now trading at $68.06.
View the best growth stocks for 2024 here
.

How often does ProShares UltraPro QQQ pay dividends? What is the dividend yield for ProShares UltraPro QQQ?

ProShares UltraPro QQQ declared a dividend on Tuesday, March 19th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.2151 per share on Wednesday, March 27th. The ex-dividend date of this dividend is Wednesday, March 20th.
Read our dividend analysis for TQQQ
.

What does TQQQ invest in?

ProShares UltraPro QQQ is a equity fund issued by ProShares. TQQQ focuses on large cap investments and follows the NASDAQ-100 Index. The fund's investments total to approximately $22.71 billion assets under management.

What stocks does ProShares UltraPro QQQ hold?
What is the management fee for ProShares UltraPro QQQ?

ProShares UltraPro QQQ's management fee is 0.75% and has other expenses of 0.26%. However, TQQQ has a fee waiver of -0.06% to reimburse the expenses. The net expense ratio for TQQQ is 0.95%.

When did ProShares UltraPro QQQ's stock split?

Shares of ProShares UltraPro QQQ split on Thursday, January 13th 2022. The 2-1 split was announced on Thursday, January 13th 2022. The newly minted shares were payable to shareholders after the market closes on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What other stocks do shareholders of ProShares UltraPro QQQ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraPro QQQ investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Invesco QQQ (QQQ), Micron Technology (MU), Block (SQ), Walt Disney (DIS), Netflix (NFLX), Boeing (BA) and PayPal (PYPL).

Who are ProShares UltraPro QQQ's major shareholders?

ProShares UltraPro QQQ's stock is owned by a variety of institutional and retail investors. Top institutional investors include Jane Street Group LLC (2.83%), Flow Traders U.S. LLC (0.42%), Paragon Advisors LLC (0.17%), IMC Chicago LLC (0.08%), Avidian Wealth Solutions LLC (0.05%) and CHURCHILL MANAGEMENT Corp (0.04%).

How do I buy shares of ProShares UltraPro QQQ?

Shares of TQQQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TQQQ) was last updated on 6/7/2024 by MarketBeat.com Staff

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