ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
QQQA Chart
ProShares Nasdaq-100 Dorsey Wright Momentum ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BO Brian O'Rourke O'ROURKE & COMPANY Inc. | 6,698 | $274,082.16 | $550,240.7 | $276,158.54 | 100.76% |
 Kerr Financial Planning Corp Kerr Financial Planning Corp | 1,700 | $86,199.69 | $139,638 | $53,438.31 | 61.99% |
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ProShares Nasdaq-100 Dorsey Wright Momentum ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company in focus operates within the financial sector, specifically in the creation and management of a specialized investment fund. This fund is based on the construction and maintenance work of Dorsey, Wright & Associates, LLC (Dorsey Wright), a firm known for its expertise in technical analysis and investment strategies. The unique aspect of this investment product is its focus on price momentum, selecting 21 securities from the Nasdaq-100 Index that demonstrate the highest price momentum for inclusion. The investment strategy clearly indicates a preference for sectors or regions that show similar momentum-based characteristics as per the underlying index, which guides the fund’s concentration in its investments. Despite being non-diverse in nature, the fund aims to offer investors a targeted exposure to high-momentum equities and Depositary Receipts, including ADRs (American Depositary Receipts), providing a distinct approach to equity investment.
Products and Services
- Investment Fund Focused on High-Momentum Securities
- Specialization in Equities and Depositary Receipts
- Concentration in Specific Industries, Countries, or Regions
This fund invests primarily in equities and Depositary Receipts that demonstrate significant price momentum. By selecting the top 21 securities from the Nasdaq-100 Index based on their price momentum, the fund offers a unique investment opportunity. The focus on high-momentum securities aims to capture potential growth by investing in the stocks that are showing strong upward trends.
The fund specifically invests in Equities and Depositary Receipts, with a particular emphasis on ADRs. This approach allows investors to gain exposure to foreign companies through securities that are traded on U.S. exchanges, combining the potential for high momentum growth with the convenience of domestic trading platforms.
By concentrating or focusing its investments to the same extent as the underlying index, the fund may target particular industries, countries, or regions. This strategy enables investors to gain focused exposure to areas of the market that are demonstrating notable momentum, potentially leading to higher returns for those specific investments.
