ProShares Ultra Top QQQ (NASDAQ:QQUP) Shares Down 1.2% – Should You Sell?

Posted by Defense World Staff on Apr 21st, 2026

Shares of ProShares Ultra Top QQQ (NASDAQ:QQUP – Get Free Report) dropped 1.2% during mid-day trading on Monday . The company traded as low as $56.95 and last traded at $57.2190. Approximately 6,991 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 11,089 shares. The stock had previously closed at $57.92.

ProShares Ultra Top QQQ Stock Down 1.2%

The business has a 50 day simple moving average of $48.74 and a 200-day simple moving average of $54.77.

ProShares Ultra Top QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were paid a $0.1124 dividend. The ex-dividend date was Wednesday, March 25th. This is a positive change from ProShares Ultra Top QQQ’s previous quarterly dividend of $0.09. This represents a $0.45 dividend on an annualized basis and a yield of 0.8%.

Institutional Investors Weigh In On ProShares Ultra Top QQQ

A hedge fund recently bought a new stake in ProShares Ultra Top QQQ stock. BNP Paribas Financial Markets bought 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 & Exchange Commission. The firm bought 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 & Exchange Commission.

About ProShares Ultra Top QQQ

(Get Free Report)

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.