Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) Increases Dividend to $0.32 Per Share

Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) declared a dividend on Tuesday, September 24th, NASDAQ reports. Shareholders of record on Wednesday, September 25th will be given a dividend of 0.3249 per share on Wednesday, October 2nd. The ex-dividend date is Wednesday, September 25th. This is a positive change from Proshares Equities For Rising Rates ETF’s previous dividend of $0.27.

Proshares Equities For Rising Rates ETF Stock Performance

Shares of NASDAQ:EQRR opened at $57.20 on Thursday. The stock has a market capitalization of $15.44 million, a price-to-earnings ratio of 12.11 and a beta of 1.36. Proshares Equities For Rising Rates ETF has a 1-year low of $47.08 and a 1-year high of $62.26. The company’s fifty day moving average is $57.43 and its two-hundred day moving average is $58.65.

About Proshares Equities For Rising Rates ETF

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.