ProShares UltraPro QQQ Declares Quarterly Dividend of $0.07 (NASDAQ:TQQQ)

ProShares UltraPro QQQ (NASDAQ:TQQQ) declared a quarterly dividend on Tuesday, March 24th. Shareholders of record on Wednesday, March 25th will be given a dividend of 0.0716 per share by the exchange traded fund on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, March 25th.

ProShares UltraPro QQQ Price Performance

TQQQ traded up $0.77 during midday trading on Wednesday, reaching $44.39. 78,363,553 shares of the company’s stock were exchanged, compared to its average volume of 102,675,328. ProShares UltraPro QQQ has a 1-year low of $17.50 and a 1-year high of $60.69. The stock has a market capitalization of $23.83 billion, a PE ratio of 38.25 and a beta of 3.46. The business’s 50-day moving average price is $50.26 and its 200 day moving average price is $52.09.

Hedge Funds Weigh In On ProShares UltraPro QQQ

Hedge funds have recently bought and sold shares of the stock. WFA of San Diego LLC acquired a new position in shares of ProShares UltraPro QQQ in the second quarter worth $25,000. BOKF NA acquired a new stake in shares of ProShares UltraPro QQQ during the third quarter valued at $31,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ProShares UltraPro QQQ during the second quarter valued at $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in ProShares UltraPro QQQ during the 3rd quarter worth about $44,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in ProShares UltraPro QQQ during the 2nd quarter worth about $42,000.

About ProShares UltraPro QQQ

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.