ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Trading Down 3.4% – Here’s Why

Posted by Shane Hupp on Aug 8th, 2026

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) dropped 3.4% during mid-day trading on Thursday . The stock traded as low as $70.85 and last traded at $71.27. 205,522 shares were traded during mid-day trading, an increase of 666% from the average session volume of 26,836 shares. The stock had previously closed at $73.81.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Performance

The company has a market cap of $69.76 million, a price-to-earnings ratio of 32.92 and a beta of 1.34. The firm’s 50-day moving average price is $77.00 and its 200 day moving average price is $64.95.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 24th were given a $0.0152 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Wednesday, June 24th.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp purchased a new position in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned approximately 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.