Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) to Issue $0.33 Quarterly Dividend

Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) declared a quarterly dividend on Tuesday, June 25th, NASDAQ reports. Shareholders of record on Wednesday, June 26th will be given a dividend of 0.3327 per share on Wednesday, July 3rd. This represents a $1.33 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Wednesday, June 26th.

Proshares Equities For Rising Rates ETF Stock Performance

Shares of Proshares Equities For Rising Rates ETF stock traded down $0.57 during trading on Wednesday, reaching $58.40. The company’s stock had a trading volume of 199 shares, compared to its average volume of 2,481. The business’s fifty day moving average price is $59.11 and its 200-day moving average price is $57.13. Proshares Equities For Rising Rates ETF has a one year low of $47.08 and a one year high of $62.26. The firm has a market cap of $19.86 million, a price-to-earnings ratio of 12.11 and a beta of 1.36.

Proshares Equities For Rising Rates ETF Company Profile

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.