ProShares Equities For Rising Rates ETF (NASDAQ:EQRR – Get Free Report) announced a quarterly dividend on Tuesday, September 22nd. Investors of record on Wednesday, September 23rd will be given a dividend of 0.2114 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, September 23rd. This is a 6.7% increase from ProShares Equities For Rising Rates ETF’s previous quarterly dividend of $0.20.
ProShares Equities For Rising Rates ETF Trading Down 0.1%
Shares of NASDAQ:EQRR traded down $0.11 on Wednesday, hitting $85.09. 5,367 shares of the company were exchanged, compared to its average volume of 17,911. The firm has a market capitalization of $35.74 million, a P/E ratio of 16.51 and a beta of 0.91. ProShares Equities For Rising Rates ETF has a 1-year low of $60.61 and a 1-year high of $88.85. The stock’s 50 day moving average price is $85.04 and its 200 day moving average price is $78.78.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. acquired a new position in ProShares Equities For Rising Rates ETF in the 1st quarter worth about $25,000. Griffin Asset Management Inc. acquired a new stake in ProShares Equities For Rising Rates ETF in the first quarter valued at approximately $256,000. Money Concepts Capital Corp purchased a new stake in shares of ProShares Equities For Rising Rates ETF in the first quarter valued at approximately $292,000. Independent Financial Group LLC purchased a new stake in shares of ProShares Equities For Rising Rates ETF in the first quarter valued at approximately $531,000. Finally, Citadel Advisors LLC acquired a new position in shares of ProShares Equities For Rising Rates ETF during the 2nd quarter worth approximately $1,373,000.
ProShares Equities For Rising Rates ETF Company Profile
The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.
Recommended Stories
- Five stocks we like better than ProShares Equities For Rising Rates ETF
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for ProShares Equities For Rising Rates ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Equities For Rising Rates ETF and related companies with MarketBeat.com's FREE daily email newsletter.
