15,989 Shares in ProShares UltraPro QQQ $TQQQ Bought by Surience Private Wealth LLC

Key Points

• Surience Private Wealth LLC has acquired 15,989 shares of ProShares UltraPro QQQ (TQQQ), worth approximately $1.3 million, making it the firm's 20th largest holding.
• ProShares UltraPro QQQ recently announced a quarterly dividend of $0.0978 per share, with an annual yield of 0.4%.
• Shares of ProShares UltraPro QQQ have experienced a 1.2% decline recently, with a market cap of $31.25 billion and a P/E ratio of 38.25.

Surience Private Wealth LLC bought a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 15,989 shares of the exchange traded fund's stock, valued at approximately $1,327,000. ProShares UltraPro QQQ comprises 1.2% of Surience Private Wealth LLC's holdings, making the stock its 20th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new stake in ProShares UltraPro QQQ during the second quarter valued at about $395,951,000. Oriental Harbor Investment Fund lifted its position in shares of ProShares UltraPro QQQ by 47.3% during the 1st quarter. Oriental Harbor Investment Fund now owns 1,515,410 shares of the exchange traded fund's stock worth $86,488,000 after purchasing an additional 486,506 shares during the last quarter. Jump Financial LLC acquired a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth about $53,458,000. Goldman Sachs Group Inc. boosted its stake in ProShares UltraPro QQQ by 4,237.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund's stock valued at $29,821,000 after purchasing an additional 508,444 shares during the period. Finally, PPSC Investment Service Corp grew its holdings in ProShares UltraPro QQQ by 16.3% in the 1st quarter. PPSC Investment Service Corp now owns 519,345 shares of the exchange traded fund's stock valued at $29,758,000 after buying an additional 72,930 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 1.2%

Shares of NASDAQ TQQQ opened at $101.41 on Thursday. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $105.08. The company has a market cap of $31.25 billion, a P/E ratio of 38.25 and a beta of 3.45. The business's 50 day moving average is $91.96 and its two-hundred day moving average is $74.39.

ProShares UltraPro QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th will be given a dividend of $0.0978 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $0.39 dividend on an annualized basis and a yield of 0.4%.

About ProShares UltraPro QQQ

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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