S&P 500   5,011.12
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What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
NASDAQ:TQQQ

ProShares UltraPro QQQ (TQQQ) Price, Holdings, & News

$52.75
-0.96 (-1.79%)
(As of 04/18/2024 ET)
Today's Range
$52.52
$54.56
50-Day Range
$52.75
$63.13
52-Week Range
$25.17
$64.13
Volume
85.99 million shs
Average Volume
73.54 million shs
Market Capitalization
$18.59 billion
Assets Under Management
$19.01 billion
Dividend Yield
1.33%
Net Expense Ratio
0.95%
TQQQ stock logo

About ProShares UltraPro QQQ (NASDAQ:TQQQ)

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.

TQQQ Stock Price History

TQQQ ETF News Headlines

New crypto project uncovers 2,050% in 65 days
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Gap Down to $61.70
New crypto project uncovers 2,050% in 65 days
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
See More Headlines
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Fund Details

Issuer
ProShares
Fund Name
ProShares UltraPro QQQ
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:TQQQ
Inception Date
2/9/2010
Fund Manager
Michael Neches, Devin Sullivan

Fund Focus

Asset Class
Equity
Benchmark
NASDAQ-100 Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
218

Fund Statistics

Assets Under Management
$19.01 billion
Average Daily Volume
$66.51 million
Discount/Premium
0.03%
Leveraged
3.00

Administrator, Advisor and Custodian

Administrator
J.P. Morgan Investor Services Co.
Advisor
ProShare Advisors LLC
Custodian
JPMorgan Chase Bank, N.A.
Distributor
SEI Investments Distribution Co.
Transfer Agent
JPMorgan Chase Bank, N.A.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
433,361
Put Options
117,193
Call Options
316,168
Short Interest
42,610,000 shs

Miscellaneous

Beta
3.45
Creation Unit
50,000
Creation Fee
$250.00
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ProShares UltraPro QQQ Expenses

TypeTQQQLarge Cap ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.48%0.51%
Other Expenses0.26%0.29%0.54%0.34%0.58%
Total Expense1.01%0.64%0.70%0.58%0.70%
Fee Waiver-0.06%-0.19%-0.55%-0.22%-0.57%
Net Expense0.95%0.61%0.60%0.54%0.58%

ProShares UltraPro QQQ (TQQQ) Holdings & Exposure

Top 10 TQQQ Holdings

  • NASDAQ 100 INDEX SWAP GOLDMAN SACHS INTERNATIONAL
    Holding Weight: 33.58%
  • NASDAQ 100 INDEX SWAP CITIBANK NA
    Holding Weight: 31.20%
  • NASDAQ 100 INDEX SWAP UBS AG
    Holding Weight: 31.12%
  • NASDAQ 100 INDEX SWAP BANK OF AMERICA NA
    Holding Weight: 30.52%
  • NASDAQ 100 INDEX SWAP JP MORGAN SECURITIES
    Holding Weight: 27.57%
  • NASDAQ 100 INDEX SWAP BARCLAYS CAPITAL
    Holding Weight: 26.36%
  • NASDAQ 100 INDEX SWAP BNP PARIBAS
    Holding Weight: 26.00%
  • NASDAQ 100 INDEX SWAP SOCIETE GENERALE
    Holding Weight: 23.59%
  • NASDAQ 100 INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC
    Holding Weight: 18.35%
  • NASDAQ 100 E-MINI EQUITY INDEX 15/SEP/2023 NQU3 INDEX
    Holding Weight: 10.76%

TQQQ Sector Exposure

TQQQ Industry Exposure

Should I Buy ProShares UltraPro QQQ Stock? TQQQ Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ProShares UltraPro QQQ:

  • ProShares UltraPro QQQ has shown a consistent increase in its stock price, with a 52-week high of $61.14, indicating potential for capital appreciation.
  • The ETF seeks daily investment results that correspond to triple (300%) the daily performance of the NASDAQ-100 Index, offering investors amplified exposure to the tech-heavy index.
  • ProShares UltraPro QQQ provides a way for investors to potentially capitalize on the growth of the technology sector, which has been a strong performer in recent years.
  • Investors can benefit from the ETF's increased dividend payout, with a recent quarterly dividend increase from $0.14 to $0.223, providing income potential.
  • The Fund's investment in equity securities, derivatives, and money market instruments offers diversification and potential risk management benefits for investors.

Cons

Investors should be bearish about investing in ProShares UltraPro QQQ for these reasons:

  • Due to its triple leverage, ProShares UltraPro QQQ is subject to higher volatility and risk compared to traditional ETFs, which may not be suitable for all investors.
  • Investors should be cautious of the Fund's 52-week low of $20.13, highlighting the potential for significant losses during market downturns.
  • The ETF's high exposure to the tech sector may lead to increased sensitivity to market fluctuations in technology stocks, impacting overall portfolio performance.
  • Investors need to be aware of the Fund's expense ratio and fees, which can erode returns over time, especially in volatile market conditions.
  • ProShares UltraPro QQQ's performance is directly tied to the NASDAQ-100 Index, making it susceptible to index-specific risks and market movements that may not align with investor expectations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these ProShares UltraPro QQQ pros and cons to contact@marketbeat.com.

TQQQ ETF - Frequently Asked Questions

How have TQQQ shares performed in 2024?

ProShares UltraPro QQQ's stock was trading at $50.70 on January 1st, 2024. Since then, TQQQ stock has increased by 4.0% and is now trading at $52.75.
View the best growth stocks for 2024 here
.

Are investors shorting ProShares UltraPro QQQ?

ProShares UltraPro QQQ saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,700 shares, a drop of 100.0% from the March 15th total of 40,630,000 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 0.2 days.
View ProShares UltraPro QQQ's Short Interest
.

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

ProShares UltraPro QQQ declared a dividend on Tuesday, March 19th. Stockholders of record on Thursday, March 21st will be given a dividend of $0.2151 per share on Wednesday, March 27th. The ex-dividend date of this dividend is Wednesday, March 20th.
Read our dividend analysis for TQQQ
.

What does TQQQ invest in?

ProShares UltraPro QQQ is a equity fund issued by ProShares. TQQQ focuses on large cap investments and follows the NASDAQ-100 Index. The fund's investments total to approximately $19.01 billion assets under management.

What stocks does ProShares UltraPro QQQ hold?

TQQQ invests in 218 holdings. Some of the stocks in their portfolio include Apple (AAPL), Microsoft (MSFT), Amazon.com (AMZN), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Broadcom (AVGO), Alphabet (GOOGL), Alphabet (GOOG) and PepsiCo (PEP).

What is the management fee for ProShares UltraPro QQQ?

ProShares UltraPro QQQ's management fee is 0.75% and has other expenses of 0.26%. However, TQQQ has a fee waiver of -0.06% to reimburse the expenses. The net expense ratio for TQQQ is 0.95%.

When did ProShares UltraPro QQQ's stock split?

ProShares UltraPro QQQ's stock split on the morning of Thursday, January 13th 2022. The 2-1 split was announced on Thursday, January 13th 2022. The newly minted shares were payable to shareholders after the market closes on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What other stocks do shareholders of ProShares UltraPro QQQ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraPro QQQ investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Invesco QQQ (QQQ), Micron Technology (MU), Block (SQ), Walt Disney (DIS), Netflix (NFLX), Boeing (BA) and PayPal (PYPL).

Who are ProShares UltraPro QQQ's major shareholders?

ProShares UltraPro QQQ's stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.08%), CHURCHILL MANAGEMENT Corp (0.04%), TB Alternative Assets Ltd. (0.02%), Toth Financial Advisory Corp (0.02%), DeDora Capital Inc. (0.01%) and SeaCrest Wealth Management LLC (0.01%).

How do I buy shares of ProShares UltraPro QQQ?

Shares of TQQQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TQQQ) was last updated on 4/19/2024 by MarketBeat.com Staff

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