ProShares Equities For Rising Rates ETF Declares Quarterly Dividend of $0.22 (NASDAQ:EQRR)

ProShares Equities For Rising Rates ETF (NASDAQ:EQRRGet Free Report) declared a quarterly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.219 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, December 24th.

ProShares Equities For Rising Rates ETF Price Performance

Shares of EQRR opened at $64.92 on Wednesday. ProShares Equities For Rising Rates ETF has a one year low of $50.65 and a one year high of $65.99. The company has a 50-day simple moving average of $63.40 and a two-hundred day simple moving average of $62.03. The firm has a market capitalization of $9.09 million, a PE ratio of 16.51 and a beta of 1.09.

Institutional Investors Weigh In On ProShares Equities For Rising Rates ETF

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in ProShares Equities For Rising Rates ETF by 324.3% in the first quarter. Royal Bank of Canada now owns 9,686 shares of the company’s stock worth $572,000 after purchasing an additional 7,403 shares in the last quarter. Susquehanna International Group LLP grew its position in shares of ProShares Equities For Rising Rates ETF by 63.1% in the 3rd quarter. Susquehanna International Group LLP now owns 7,834 shares of the company’s stock worth $495,000 after buying an additional 3,032 shares during the period. Finally, Citadel Advisors LLC grew its position in shares of ProShares Equities For Rising Rates ETF by 11.9% in the 3rd quarter. Citadel Advisors LLC now owns 7,826 shares of the company’s stock worth $494,000 after buying an additional 831 shares during the period.

About ProShares Equities For Rising Rates ETF

(Get Free Report)

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.

See Also

Dividend History for ProShares Equities For Rising Rates ETF (NASDAQ:EQRR)

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