ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Shares Down 2.2% – What’s Next?

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA)’s stock price traded down 2.2% during mid-day trading on Wednesday . The stock traded as low as $72.60 and last traded at $74.48. Approximately 95,628 shares were traded during trading, an increase of 293% from the average session volume of 24,357 shares. The stock had previously closed at $76.13.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Down 2.2%

The business has a 50 day moving average price of $77.49 and a 200 day moving average price of $62.68. The stock has a market cap of $77.46 million, a P/E ratio of 32.92 and a beta of 1.33.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 24th were given a $0.0152 dividend. This represents a $0.06 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, June 24th.

Institutional Trading of ProShares Nasdaq-100 Dorsey Wright Momentum ETF

An institutional investor recently bought a new position in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp bought a new position in shares of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned about 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF at the end of the most recent quarter.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is an exchange-traded fund that is based on the NASDAQ-100 Dorsey Wright Momentum index. The fund tracks an equal-weighted index of 21 non-financial companies included in the Nasdaq-100 Index identified with the highest price momentum. QQQA was launched on May 18, 2021 and is managed by ProShares.