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) Quote detailsThe data for the ticker QQUP is limited.
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ProShares Ultra Top QQQ (QQUP) is an exchange-traded fund that seeks to deliver double the daily returns of the Nasdaq-100 Index, leveraging a strategy designed to capture the performance of some of the largest non-financial companies in the U.S. technology sector. By using a combination of financial instruments, including derivatives, the fund aims to amplify performance while adhering to its Daily Target for leveraged returns. This investment vehicle is particularly attractive to institutional investors looking for short-term exposure to high-growth sectors, enabling them to capitalize on market volatility and momentum in the tech industry.