ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Gap Up to $10.41

Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $10.41, but opened at $10.77. ProShares UltraPro Short QQQ shares last traded at $10.82, with a volume of 22,352,644 shares traded.

ProShares UltraPro Short QQQ Stock Performance

The company has a 50 day moving average of $11.18 and a two-hundred day moving average of $14.89.

ProShares UltraPro Short QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.164 per share. The ex-dividend date was Wednesday, March 20th.

Institutional Trading of ProShares UltraPro Short QQQ

Several large investors have recently added to or reduced their stakes in SQQQ. Spire Wealth Management boosted its stake in shares of ProShares UltraPro Short QQQ by 86.7% in the third quarter. Spire Wealth Management now owns 1,867 shares of the company’s stock worth $38,000 after buying an additional 867 shares during the last quarter. Hoey Investments Inc. raised its holdings in ProShares UltraPro Short QQQ by 100.0% in the 3rd quarter. Hoey Investments Inc. now owns 2,000 shares of the company’s stock worth $41,000 after purchasing an additional 1,000 shares during the period. Larson Financial Group LLC raised its holdings in ProShares UltraPro Short QQQ by 369.2% in the 4th quarter. Larson Financial Group LLC now owns 2,116 shares of the company’s stock worth $28,000 after purchasing an additional 1,665 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its holdings in ProShares UltraPro Short QQQ by 140.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,201 shares of the company’s stock worth $30,000 after purchasing an additional 1,287 shares during the period. Finally, Castleview Partners LLC acquired a new position in ProShares UltraPro Short QQQ in the 1st quarter worth about $70,000.

ProShares UltraPro Short QQQ Company Profile

(Get Free Report)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

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