Greystone Financial Group LLC purchased a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,856 shares of the exchange traded fund's stock, valued at approximately $737,000.
Several other large investors have also added to or reduced their stakes in the company. TB Alternative Assets Ltd. purchased a new position in shares of ProShares UltraPro QQQ in the first quarter worth about $26,495,000. SBI Securities Co. Ltd. acquired a new position in ProShares UltraPro QQQ in the 4th quarter worth approximately $9,970,000. Finward Bancorp acquired a new stake in ProShares UltraPro QQQ during the 4th quarter valued at approximately $8,775,000. Charles Schwab Trust Co acquired a new stake in ProShares UltraPro QQQ during the 1st quarter valued at approximately $4,768,000. Finally, PPSC Investment Service Corp boosted its holdings in shares of ProShares UltraPro QQQ by 17.5% in the 4th quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund's stock valued at $35,325,000 after acquiring an additional 66,582 shares during the last quarter.
ProShares UltraPro QQQ Price Performance
Shares of ProShares UltraPro QQQ stock opened at $74.21 on Monday. The stock has a market cap of $25.49 billion, a PE ratio of 38.25 and a beta of 3.54. The firm has a fifty day moving average price of $58.43 and a 200 day moving average price of $71.52. ProShares UltraPro QQQ has a 1 year low of $35.00 and a 1 year high of $93.79.
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 yield of 1.07%. The ex-dividend date was Wednesday, March 26th.
ProShares UltraPro QQQ Company Profile
(
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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