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$308.13 million
Average Daily Volume$1.43 million
Discount/Premium-0.30%
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 Wednesday, March 21st. Investors of record on Thursday, March 22nd will be given a dividend of $0.0401 per share on Wednesday, March 28th. This represents a $0.16 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, March 21st. View ProShares Short QQQ's Dividend History.
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)
Has ProShares Short QQQ been receiving favorable news coverage?
News stories about PSQ stock have trended somewhat positive on Sunday, Accern reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ProShares Short QQQ earned a coverage optimism score of 0.20 on Accern's scale. They also assigned headlines about the company an impact score of 48.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for ProShares Short QQQ.
Who are ProShares Short QQQ's major shareholders?
ProShares Short QQQ's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (9.00%), Wells Fargo & Company MN (2.44%), Berkeley Capital Partners LLC (1.05%), Baird Financial Group Inc. (1.12%), Juncture Wealth Strategies LLC (0.63%) and Tower Research Capital LLC TRC (0.40%).
Which institutional investors are selling ProShares Short QQQ stock?
PSQ stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Baird Financial Group Inc., Brown Advisory Inc. and Progeny 3 Inc..
Which institutional investors are buying ProShares Short QQQ stock?
PSQ stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Berkeley Capital Partners LLC, Tower Research Capital LLC TRC , Sicart Associates LLC, Juncture Wealth Strategies LLC and Exane Derivatives.
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 $30.32.
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.
