On September 21, ProShares UltraPro QQQ rose 5.02% in regular trading, trading at $76.19 per share, with turnover of $1.061 billion. As a 3x leveraged ETF tracking the Nasdaq 100 index, the fund amplified a broad rally across US equity futures.

On the news front, US stock index futures rallied broadly, with Nasdaq 100 futures climbing 0.9%, S&P 500 futures gaining 0.6%, and Dow futures rising 0.6%. The move extended strength seen earlier in the week after the Federal Reserve's policy outlook reassured investors and prompted a pullback in bond yields. Meanwhile, the VIX volatility index fell sharply to 14.8 from a mid-week spike to 18.3, signaling improving risk appetite. Earlier, Citadel Securities had warned of residual downside pressure into month-end, but the rapid compression in volatility and renewed buying momentum appeared to override near-term caution.

ProShares UltraPro QQQ invests in financial instruments designed to produce daily returns consistent with three times the performance of the Nasdaq 100 Index, which includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)