Tudor Investment Corp ET AL bought a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,125 shares of the exchange traded fund's stock, valued at approximately $485,000.
A number of other large investors also recently modified their holdings of TQQQ. SBI Securities Co. Ltd. bought a new stake in ProShares UltraPro QQQ in the fourth quarter valued at $9,970,000. Finward Bancorp acquired a new stake in ProShares UltraPro QQQ in the fourth quarter worth about $8,775,000. PPSC Investment Service Corp increased its position in ProShares UltraPro QQQ by 17.5% in the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund's stock worth $35,325,000 after purchasing an additional 66,582 shares during the period. Mariner LLC increased its position in ProShares UltraPro QQQ by 109.9% in the fourth quarter. Mariner LLC now owns 59,818 shares of the exchange traded fund's stock worth $4,733,000 after purchasing an additional 31,319 shares during the period. Finally, Ridgepath Capital Management LLC boosted its holdings in ProShares UltraPro QQQ by 21.0% during the fourth quarter. Ridgepath Capital Management LLC now owns 163,389 shares of the exchange traded fund's stock worth $12,929,000 after buying an additional 28,341 shares during the last quarter.
ProShares UltraPro QQQ Trading Up 12.1%
Shares of NASDAQ:TQQQ traded up $7.14 during trading on Monday, hitting $66.11. 100,375,081 shares of the company's stock traded hands, compared to its average volume of 65,848,859. ProShares UltraPro QQQ has a 52 week low of $35.00 and a 52 week high of $93.79. The company has a market cap of $25.60 billion, a price-to-earnings ratio of 27.46 and a beta of 3.45. The company has a 50-day moving average price of $55.28 and a 200-day moving average price of $72.46.
ProShares UltraPro QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.1977 per share. This represents a $0.79 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Wednesday, March 26th.
ProShares UltraPro QQQ Company Profile
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Free Report)
Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments.
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