Important Market Flows: The Net Flows Of ProShares UltraPro QQQ ETF Point to $79.92M Net Inflows Due To 9.09% Assets Increase

Important Market Flows: The Net Flows Of ProShares UltraPro QQQ ETF Point to $79.92M Net Inflows Due To 9.09% Assets Increase

Today were published ProShares UltraPro QQQ ETF (NASDAQ:TQQQ)‘s daily net flows. The ETF registered $79.92M asset inflows for 9.09% increase, reaching $959.01M after yestarday’s trading session. The chart of ProShares UltraPro QQQ ETF shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 2.05% or $2.52 during the last trading session, hitting $120.14. About 4,000 shares traded hands. ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) has risen 17.32% since March 31, 2016 and is uptrending. It has outperformed by 14.80% the S&P500.

The ETF’s YTD performance is 12.57%, the 1 year is 47.48% and the 3 year is 41.88%.

The ETF’s average P/E ratio is 21.78, the price to book is 4.75, the price to sales is 2.88 and the price to cashflow is 11.54. ProShares UltraPro QQQ ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Nasdaq 100 Index Swap Societe Generale for 77.97% of assets, Nasdaq 100 Index Swap Bank Of America Na for 47.97%, Nasdaq 100 Index Swap Goldman Sachs International for 46.54%, Nasdaq 100 Index Swap Citibank N.A. for 46.43%, Nasdaq 100 Index Swap Morgan Stanley & Co. International Plc for 16.45%, Nasdaq 100 Index Swap Credit Suisse International for 12.34%, E-mini NASDAQ 100 Index Future Dec16 for 5.75%, Nasdaq 100 Index Swap Ubs Ag for 5.37%, Apple Inc. for 3.59%, Powershares Qqq (Qqq) Swap Morgan Stanley & Co. International Plc for 3.52%.

More notable recent ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) news were published by: Fool.com which released: “Which Nasdaq ETF is Right for You?” on June 05, 2015, also Smallcapnetwork.com with their article: “ProShares UltraPro QQQ ETF (TQQQ): A Good Bet on the Nasdaq?” published on June 07, 2013, Seekingalpha.com published: “A Better Way To Invest In Technology” on February 01, 2013. More interesting news about ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) were released by: Nasdaq.com and their article: “Proshares UltraPro QQQ Experiences Big Inflow” published on January 18, 2012 as well as Seekingalpha.com‘s news article titled: “The Best Way To Invest In Technology” with publication date: January 18, 2013.

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