Balefire LLC lifted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 95.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,654 shares of the exchange traded fund's stock after purchasing an additional 11,565 shares during the period. Balefire LLC's holdings in ProShares UltraPro QQQ were worth $1,355,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. PMV Capital Advisers LLC grew its holdings in ProShares UltraPro QQQ by 202.5% in the 1st quarter. PMV Capital Advisers LLC now owns 10,817 shares of the exchange traded fund's stock valued at $620,000 after buying an additional 7,241 shares during the last quarter. Golden State Equity Partners boosted its position in shares of ProShares UltraPro QQQ by 8.3% in the first quarter. Golden State Equity Partners now owns 4,355 shares of the exchange traded fund's stock valued at $250,000 after acquiring an additional 332 shares during the period. Global Assets Advisory LLC acquired a new stake in shares of ProShares UltraPro QQQ in the first quarter worth $469,000. Park Capital Management LLC WI acquired a new stake in shares of ProShares UltraPro QQQ in the first quarter worth $381,000. Finally, Wolff Wiese Magana LLC bought a new position in ProShares UltraPro QQQ during the first quarter worth $94,000.
ProShares UltraPro QQQ Price Performance
Shares of ProShares UltraPro QQQ stock opened at $78.48 on Thursday. The firm has a fifty day moving average price of $65.61 and a two-hundred day moving average price of $71.06. ProShares UltraPro QQQ has a fifty-two week low of $35.00 and a fifty-two week high of $93.79. The company has a market cap of $30.39 billion, a PE ratio of 38.25 and a beta of 3.45.
ProShares UltraPro QQQ Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Wednesday, June 25th will be paid a $0.2183 dividend. This represents a $0.87 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Wednesday, June 25th. This is a boost from ProShares UltraPro QQQ's previous quarterly dividend of $0.20.
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.
Further Reading
Want to see what other hedge funds are holding TQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report).
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