Shares of ProShares UltraPro QQQ (TQQQ) Sees Large Inflow of Net Money Flow

ProShares UltraPro QQQ (TQQQ): $4.4 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.11. The value of trades done on upticks was $43.02 million, whereas, trades done on downticks were valued at $38.63 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0 million. ProShares UltraPro QQQ (TQQQ) fell $0.03 traded at $128, a change of -0.02% over the previous day. The stock is 0.26% for the week.

ProShares

Shares of ProShares UltraPro QQQ rose by 1.33% in the last five trading days and 4.68% for the last 4 weeks. ProShares UltraPro QQQ is up 38.51% in the last 3-month period. Year-to-Date the stock performance stands at 12.69%.

ProShares UltraPro QQQ (NASDAQ:TQQQ): The stock opened at $128.49 and touched an intraday high of $128.96 on Wednesday. During the day, the stock corrected to an intraday low of $126.781, however, the bulls stepped in and pushed the price higher to close in the green at $128.73 with a gain of 0.55% for the day. The total traded volume for the day was 1,576,959. The stock had closed at $128.03 in the previous trading session.

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.

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