Greystone Financial Group LLC bought a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,856 shares of the exchange traded fund's stock, valued at approximately $737,000.
Several other institutional investors and hedge funds also recently bought and sold shares of TQQQ. TB Alternative Assets Ltd. acquired a new position in shares of ProShares UltraPro QQQ in the 1st quarter worth approximately $26,495,000. SBI Securities Co. Ltd. acquired a new position in shares of ProShares UltraPro QQQ in the 4th quarter worth approximately $9,970,000. Finward Bancorp acquired a new position in shares of ProShares UltraPro QQQ in the 4th quarter worth approximately $8,775,000. Charles Schwab Trust Co acquired a new position in shares of ProShares UltraPro QQQ in the 1st quarter worth approximately $4,768,000. Finally, PPSC Investment Service Corp lifted 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 worth $35,325,000 after acquiring an additional 66,582 shares during the last quarter.
ProShares UltraPro QQQ Price Performance
Shares of TQQQ stock traded up $0.49 during trading hours on Thursday, hitting $75.69. The company had a trading volume of 62,410,205 shares, compared to its average volume of 68,625,249. The company's fifty day moving average is $59.91 and its 200 day moving average is $71.55. ProShares UltraPro QQQ has a fifty-two week low of $35.00 and a fifty-two week high of $93.79. The stock has a market capitalization of $29.31 billion, a PE ratio of 38.25 and a beta of 3.45.
ProShares UltraPro QQQ Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were paid a dividend of $0.1977 per share. This represents a $0.79 annualized dividend and a yield of 1.04%. The ex-dividend date was Wednesday, March 26th.
About ProShares UltraPro QQQ
(
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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