ProShares Ultra Top QQQ (NASDAQ:QQUP – Get Free Report) shares fell 1.6% during mid-day trading on Wednesday . The company traded as low as $61.84 and last traded at $61.96. Approximately 210 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 8,557 shares. The stock had previously closed at $62.98.
ProShares Ultra Top QQQ Stock Performance
The company’s 50-day moving average is $61.01 and its 200-day moving average is $57.66.
Institutional Trading of ProShares Ultra Top QQQ
An institutional investor recently bought a new stake in ProShares Ultra Top QQQ stock. BNP Paribas Financial Markets acquired a new stake in ProShares Ultra Top QQQ (NASDAQ:QQUP – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,389,000. BNP Paribas Financial Markets owned about 31.25% of ProShares Ultra Top QQQ as of its most recent filing with the Securities and Exchange Commission (SEC).
ProShares Ultra Top QQQ Company Profile
ProShares Ultra Top QQQ seeks to deliver 2× the daily performance of the Nasdaq?100?Mega Index using swap-based leverage. It’s designed for short-term trading to gain amplified exposure to mega-cap tech, not for long-term investment.
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