ProShares Ultra QQQ (the Fund), formerly Ultra QQQ ProShares, seeks daily investment results that correspond to twice the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. To be eligible for inclusion, companies cannot be in bankruptcy proceedings and must meet certain additional criteria, including minimum trading volume and seasoning requirements. The Index is calculated under a modified capitalization-weighted methodology. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the Index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares Ultra QQQ
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:QLD
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$1.55 billion
Average Daily Volume$2.62 million
Discount/Premium3.87%
ETF Expenses
Management Fee0.75%
Other Expenses0.25%
Total Expenses1.00%
Fee Waiver-0.05%
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 Ultra QQQ (NYSEARCA:QLD) Frequently Asked Questions
What is ProShares Ultra QQQ's stock symbol?
ProShares Ultra QQQ trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "QLD."
How often does ProShares Ultra QQQ pay dividends? What is the dividend yield for ProShares Ultra QQQ?
ProShares Ultra QQQ declared a quarterly dividend on Wednesday, December 26th. Investors of record on Thursday, December 27th will be given a dividend of $0.04 per share on Thursday, January 3rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date of this dividend is Wednesday, December 26th. View ProShares Ultra QQQ's Dividend History.
Has ProShares Ultra QQQ been receiving favorable news coverage?
News stories about QLD stock have trended very positive on Thursday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media 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 negative five to positive five, with scores nearest to five being the most favorable. ProShares Ultra QQQ earned a news impact score of 3.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Who are ProShares Ultra QQQ's key executives?
ProShares Ultra 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 Ultra QQQ's major shareholders?
ProShares Ultra QQQ's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include GenWealth Group Inc. (0.14%), Silverleafe Capital Partners LLC (0.05%), Virtu Financial LLC (0.03%), Simplex Trading LLC (0.02%) and David R. Rahn & Associates Inc. (0.02%).
Which major investors are selling ProShares Ultra QQQ stock?
QLD stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC.
Which major investors are buying ProShares Ultra QQQ stock?
QLD stock was purchased by a variety of institutional investors in the last quarter, including Silverleafe Capital Partners LLC, Simplex Trading LLC, David R. Rahn & Associates Inc. and GenWealth Group Inc..
How do I buy shares of ProShares Ultra QQQ?
Shares of QLD 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 Ultra QQQ's stock price today?
One share of QLD stock can currently be purchased for approximately $74.83.
What is ProShares Ultra QQQ's official website?
How can I contact ProShares Ultra QQQ?
ProShares Ultra QQQ's mailing address is Suite 1000E, 7501 Wisconsin Avenue, BETHESDA, MD 20814, United States. The company can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Ultra QQQ (NYSEARCA QLD)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra QQQ and other stocks. Vote "Outperform" if you believe QLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
