ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Shares Down 2.8% – Time to Sell?

Posted by Latisha Jones on May 17th, 2026

Shares of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) dropped 2.8% during trading on Friday . The stock traded as low as $69.91 and last traded at $70.25. Approximately 15,012 shares changed hands during trading, an increase of 55% from the average daily volume of 9,658 shares. The stock had previously closed at $72.30.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Price Performance

The company’s 50-day simple moving average is $58.64 and its 200 day simple moving average is $53.71. The firm has a market cap of $18.27 million, a P/E ratio of 32.92 and a beta of 1.32.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were given a dividend of $0.0002 per share. The ex-dividend date was Wednesday, March 25th. This represents a $0.00 annualized dividend and a yield of 0.0%.

Hedge Funds Weigh In On ProShares Nasdaq-100 Dorsey Wright Momentum ETF

A hedge fund recently bought a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (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 as of its most recent SEC filing.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

(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.