ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index. The Fund will concentrates its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund.
Basic Details
Issuer ProShares
Fund NameProShares Short QQQ
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:PSQ
Inception Date6/19/2006
Fund ManagerMichael Neches, Devin Sullivan
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkNASDAQ 100 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$326.93 million
Average Daily Volume$4.47 million
Discount/Premium-1.44%
ETF Expenses
Management Fee0.75%
Other Expenses0.28%
Total Expenses1.03%
Fee Waiver-0.08%
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 MakerPundion
ProShares Short QQQ (NYSEARCA:PSQ) Frequently Asked Questions
What is ProShares Short QQQ's stock symbol?
ProShares Short QQQ trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PSQ."
How often does ProShares Short QQQ pay dividends? What is the dividend yield for ProShares Short QQQ?
ProShares Short QQQ declared a quarterly dividend on Thursday, September 27th. Investors of record on Thursday, September 27th will be paid a dividend of $0.102 per share on Wednesday, October 3rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Wednesday, September 26th. This is a boost from ProShares Short QQQ's previous quarterly dividend of $0.04. View ProShares Short QQQ's Dividend History.
Has ProShares Short QQQ been receiving favorable news coverage?
Media coverage about PSQ stock has trended very positive on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares Short QQQ earned a news sentiment score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the next several days.
Who are ProShares Short QQQ's key executives?
ProShares Short QQQ's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Who are ProShares Short QQQ's major shareholders?
ProShares Short QQQ's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (2.87%), SG Americas Securities LLC (1.41%), Berkeley Capital Partners LLC (1.24%), Baird Financial Group Inc. (0.92%), Ballew Advisors Inc (0.65%) and LPL Financial LLC (0.52%).
Which major investors are selling ProShares Short QQQ stock?
PSQ stock was sold by a variety of institutional investors in the last quarter, including Baird Financial Group Inc..
Which major investors are buying ProShares Short QQQ stock?
PSQ stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Wells Fargo & Company MN, Ballew Advisors Inc, Virtu Financial LLC, LPL Financial LLC, Wakefield Asset Management LLLP, Berkeley Capital Partners LLC and Addison Capital Co.
How do I buy shares of ProShares Short QQQ?
Shares of PSQ 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 Short QQQ's stock price today?
One share of PSQ stock can currently be purchased for approximately $32.17.
What is ProShares Short QQQ's official website?
How can I contact ProShares Short QQQ?
ProShares Short QQQ's mailing address is 7501 Wisconsin Avenue Suite 1000 East Tower, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Short QQQ (NYSEARCA PSQ)
MarketBeat's community ratings are surveys of what our community members think about ProShares Short QQQ and other stocks. Vote "Outperform" if you believe PSQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
