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$313.41 million
Average Daily Volume$1.74 million
Discount/Premium-0.42%
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, December 26th. Investors of record on Thursday, December 27th will be given a dividend of $0.1065 per share on Thursday, January 3rd. This represents a $0.43 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, December 26th. This is an increase from ProShares Short QQQ's previous quarterly dividend of $0.10. View ProShares Short QQQ's Dividend History.
Has ProShares Short QQQ been receiving favorable news coverage?
Media coverage about PSQ stock has been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ProShares Short QQQ earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.
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 variety of of institutional and retail investors. Top institutional shareholders include Nkcfo LLC (1.14%), Cambridge Investment Research Advisors Inc. (0.63%), LPL Financial LLC (0.64%), Rational Advisors LLC (0.56%), Tuttle Tactical Management (0.50%) and Juncture Wealth Strategies LLC (0.27%).
Which institutional investors are selling ProShares Short QQQ stock?
PSQ stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Wakefield Asset Management LLLP, Juncture Wealth Strategies LLC, Two Sigma Securities LLC, Jane Street Group LLC and Arcadia Investment Management Corp MI.
Which institutional investors are buying ProShares Short QQQ stock?
PSQ stock was acquired by a variety of institutional investors in the last quarter, including Nkcfo LLC, Cambridge Investment Research Advisors Inc., Rational Advisors LLC, Tuttle Tactical Management, Sigma Planning Corp, LPL Financial LLC, Leicht Financial Planning & Wealth Management Inc. and Scotia Capital Inc..
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 $30.80.
How big of a company is ProShares Short QQQ?
ProShares Short QQQ has a market capitalization of $511.68 million.
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.
