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Proshares Ultrapro Short Qqq
The following information is given about ProShares UltraPro Short QQQ (symbol: SQQQ):
1. Invesco QQQ, the sponsor of ProShares UltraPro Short QQQ, is a unit investment trust that issues all of its shares in creations of 50,000.
2. Under normal circumstances, the fund will invest at least $25 million of its total assets in shares of the underlying ETF, Invesco QQQ which tracks the Nasdaq-100 Index.
3. In order to maintain at least 20% exposure to the Index while limiting losses, the fund employs leverage and holds a money market portfolio that is invested opposite its futures positions.
4. ProShares UltraPro Short QQQ is categorized as an ultra-short equity fund, which means it offers 2x the inverse daily performance of the QQQ. Before fees and expenses, the fund aims to provide 200% of the inverse daily performance of the Nasdaq-100 Index.
5. ProShares UltraPro Short QQQ typically invests in short positions and trades on the NASDAQ exchange.
6. The fund's managers are Michael Neoles and John L. Hyde.
7. ProShares UltraPro Short QQQ commenced trading on August 24, 2011, and its base currency is the US dollar.
8. ProShares UltraPro Short QQQ has a gross expense ratio of 0.95% as of 05/28/2020.
9. ProShares UltraPro Short QQQ's NASDAQ Last Sale closing price as of Aug 16, 2022, was $54.22 and trades under the ticker symbol SQQQ.
I cannot access the current, real-time earnings and growth data of ProShares UltraPro Short QQQ. I suggest checking reliable financial websites or contacting the company for current information, such as their quarterly earnings, annual reports, or 10-K filings, which can provide detailed information on their financial health and performance.