ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Shares Break Above Two Hundred Day Moving Average – What’s Next?

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) shares passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $65.76 and traded as high as $66.48. ProShares Nasdaq-100 Dorsey Wright Momentum ETF shares last traded at $65.85, with a volume of 5,697 shares changing hands.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Trading Up 0.9%

The firm has a 50-day moving average of $69.60 and a two-hundred day moving average of $65.99. The firm has a market capitalization of $49.04 million, a P/E ratio of 32.92 and a beta of 1.34.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp acquired a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned about 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF at the end of the most recent reporting period.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile

(Get Free Report)

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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