GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) Shares Down 4.5% – Here’s Why

Shares of GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) fell 4.5% during trading on Thursday . The stock traded as low as $17.84 and last traded at $17.84. 62,209 shares changed hands during mid-day trading, an increase of 303% from the average session volume of 15,428 shares. The stock had previously closed at $18.69.

GraniteShares YieldBOOST QQQ ETF Price Performance

The company’s 50 day simple moving average is $18.71 and its 200 day simple moving average is $18.84.

GraniteShares YieldBOOST QQQ ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, November 7th will be paid a dividend of $0.1779 per share. The ex-dividend date of this dividend is Friday, November 7th.

Institutional Investors Weigh In On GraniteShares YieldBOOST QQQ ETF

An institutional investor recently bought a new position in GraniteShares YieldBOOST QQQ ETF stock. Jane Street Group LLC acquired a new stake in GraniteShares YieldBOOST QQQ ETF (NASDAQ:TQQY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 19,496 shares of the company’s stock, valued at approximately $372,000. Jane Street Group LLC owned 8.12% of GraniteShares YieldBOOST QQQ ETF as of its most recent filing with the Securities and Exchange Commission.

GraniteShares YieldBOOST QQQ ETF Company Profile

GraniteShares ETF Trust – GraniteShares YieldBOOST QQQ ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets of global region. It invests through derivatives in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors.