ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Stock Price Up 0.7% – Time to Buy?

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQAGet Free Report)’s share price were up 0.7% during mid-day trading on Tuesday . The company traded as high as $68.79 and last traded at $68.64. Approximately 11,004 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 26,005 shares. The stock had previously closed at $68.16.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Down 0.9%

The stock has a market cap of $65.68 million, a PE ratio of 32.92 and a beta of 1.34. The business’s 50-day simple moving average is $71.92 and its 200-day simple moving average is $67.75.

Institutional Investors Weigh In On 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 stake in shares of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQAFree Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile

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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.

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