NYSEARCA:QID - ProShares UltraShort QQQ Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$34.83 +1.47 (+4.41 %)
(As of 03/24/2019 05:32 AM ET)
Previous Close$34.83
Today's Range$33.46 - $34.8850
52-Week Range$33.25 - $55.72
Volume5.86 million shs
Average Volume2.85 million shs
Market Capitalization$323.71 million
P/E RatioN/A
Dividend Yield2.06%
BetaN/A
ProShares UltraShort QQQ (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across industry groups, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies currently not in bankruptcy proceedings with appropriate trading volumes and adjusted market capitalization. The Fund's investment advisor is ProShare Advisors LLC.

Receive QID News and Ratings via Email

Sign-up to receive the latest news and ratings for QID and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer ProShares
Fund NameProShares UltraShort QQQ
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:QID
Inception Date7/11/2006
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$797.18 million
Average Daily Volume$2.66 million
Discount/Premium1.28%

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 MakerVirtu Financial

Geographic Exposure of ProShares UltraShort QQQ (NYSEARCA:QID)
Currency Exposure of ProShares UltraShort QQQ (NYSEARCA:QID)
Sector Exposure of ProShares UltraShort QQQ (NYSEARCA:QID)
Industry Exposure of ProShares UltraShort QQQ (NYSEARCA:QID)

ProShares UltraShort QQQ (NYSEARCA:QID) Frequently Asked Questions

What is ProShares UltraShort QQQ's stock symbol?

ProShares UltraShort QQQ trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "QID."

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

ProShares UltraShort QQQ declared a quarterly dividend on Wednesday, March 20th. Investors of record on Thursday, March 21st will be given a dividend of $0.1192 per share on Wednesday, March 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Wednesday, March 20th. View ProShares UltraShort QQQ's Dividend History.

When did ProShares UltraShort QQQ's stock split? How did ProShares UltraShort QQQ's stock split work?

ProShares UltraShort QQQ shares reverse split on the morning of Thursday, May 24th 2018. The 1-4 reverse split was announced on Wednesday, May 9th 2018. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, May 23rd 2018. An investor that had 100 shares of ProShares UltraShort QQQ stock prior to the reverse split would have 25 shares after the split.

Has ProShares UltraShort QQQ been receiving favorable news coverage?

Media headlines about QID stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ProShares UltraShort QQQ earned a news impact score of -1.4 on InfoTrie's scale. They also assigned headlines about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

What other stocks do shareholders of ProShares UltraShort QQQ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraShort QQQ investors own include Micron Technology (MU), QUALCOMM (qcom), General Electric (GE), iShares 20+ Year Treasury Bond ETF (TLT), Tesla (TSLA), Netflix (NFLX), Walmart (WMT), PETROLEO BRASIL/ADR (PBR), Alibaba Group (BABA) and Amgen (AMGN).

Who are ProShares UltraShort QQQ's key executives?

ProShares UltraShort QQQ's management team includes the folowing people:
  • Michael L. Sapir, Chairman of the Proshares Trust (Age 57)
  • Louis M. Mayberg, President of Proshares Trust (Age 53)
  • Victor M. Frye Esq., Chief Compliance Officer of Proshares Trust (Age 56)
  • Simon D. Collier, Treasurer of Proshares Trust (Age 51)
  • Michael Minella, Assistant Treasurer of Proshares Trust (Age 42)
  • Charles S. Todd, Assistant Treasurer of Proshares Trust (Age 41)
  • Steven G. Cravath, Secretary of Proshares Trust (Age 53)
  • 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 UltraShort QQQ's major shareholders?

ProShares UltraShort QQQ's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Virtu Financial LLC (0.41%), Two Sigma Securities LLC (0.16%), SG Americas Securities LLC (0.08%), Capital Investment Advisory Services LLC (0.03%) and Clean Yield Group (0.02%).

Which major investors are buying ProShares UltraShort QQQ stock?

QID stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Two Sigma Securities LLC, SG Americas Securities LLC, Capital Investment Advisory Services LLC and Clean Yield Group.

How do I buy shares of ProShares UltraShort QQQ?

Shares of QID 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 UltraShort QQQ's stock price today?

One share of QID stock can currently be purchased for approximately $34.83.

How big of a company is ProShares UltraShort QQQ?

ProShares UltraShort QQQ has a market capitalization of $323.71 million.

What is ProShares UltraShort QQQ's official website?

The official website for ProShares UltraShort QQQ is http://www.proshares.com/.

How can I contact ProShares UltraShort QQQ?

ProShares UltraShort QQQ's mailing address is 7501 Wisconsin Avenue Suite 1000, Bethesda, MD 20814, United States. The exchange traded fund can be reached via phone at +1-240-4976400.


MarketBeat Community Rating for ProShares UltraShort QQQ (NYSEARCA QID)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  147
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort QQQ and other stocks. Vote "Outperform" if you believe QID will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QID will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Featured Article: What is Cost of Capital?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel