ProShares Ultra QQQ (NYSEARCA:QLD) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Trent Williams on Apr 2nd, 2025

ProShares Ultra QQQ (NYSEARCA:QLD – Get Free Report) saw unusually-high trading volume on Monday . Approximately 6,203,280 shares were traded during trading, an increase of 94% from the previous session’s volume of 3,200,054 shares.The stock last traded at $86.13 and had previously closed at $88.94.

ProShares Ultra QQQ Stock Performance

The stock’s 50 day simple moving average is $104.88 and its two-hundred day simple moving average is $105.95. The firm has a market capitalization of $6.58 billion, a PE ratio of 27.52 and a beta of 2.36.

ProShares Ultra QQQ Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.0256 per share. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On ProShares Ultra QQQ

Institutional investors and hedge funds have recently made changes to their positions in the stock. Global View Capital Management LLC acquired a new position in shares of ProShares Ultra QQQ in the fourth quarter valued at approximately $69,158,000. Dale Q Rice Investment Management Ltd acquired a new position in ProShares Ultra QQQ in the 4th quarter valued at $24,535,000. Aveo Capital Partners LLC increased its holdings in shares of ProShares Ultra QQQ by 5,229.3% during the 4th quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock worth $15,500,000 after buying an additional 140,510 shares during the last quarter. Ridgepath Capital Management LLC acquired a new stake in ProShares Ultra QQQ during the fourth quarter worth about $10,787,000. Finally, Jump Financial LLC purchased a new position in shares of ProShares Ultra QQQ in the 4th quarter valued at $10,297,000.

ProShares Ultra QQQ Company Profile

(Get Free Report)

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.