ProShares Ultra Nasdaq Cybersecurity ETF (UCYB) to Distribute Quarterly Dividend of $0.25 on June 30th

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) declared a quarterly dividend on Tuesday, June 23rd, NASDAQ Dividends reports. Investors of record on Wednesday, June 24th will be given a dividend of 0.2503 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, June 24th.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Down 1.7%

Shares of NASDAQ:UCYB opened at $66.27 on Thursday. ProShares Ultra Nasdaq Cybersecurity ETF has a fifty-two week low of $36.03 and a fifty-two week high of $86.93. The firm’s 50-day simple moving average is $60.28 and its 200-day simple moving average is $51.96. The company has a market cap of $5.96 million, a price-to-earnings ratio of 24.20 and a beta of 1.90.

Hedge Funds Weigh In On ProShares Ultra Nasdaq Cybersecurity ETF

A hedge fund recently bought a new stake in ProShares Ultra Nasdaq Cybersecurity ETF stock. Jane Street Group LLC bought a new position in shares of ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,842 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned approximately 6.05% of ProShares Ultra Nasdaq Cybersecurity ETF at the end of the most recent quarter.

About ProShares Ultra Nasdaq Cybersecurity ETF

The ProShares Ultra Nasdaq Cybersecurity (UCYB) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry. UCYB was launched on Jan 19, 2021 and is managed by ProShares.