Castleview Partners LLC cut its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 78.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,800 shares of the exchange traded fund's stock after selling 25,045 shares during the quarter. Castleview Partners LLC's holdings in ProShares UltraPro QQQ were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of TQQQ. Kingstone Capital Partners Texas LLC bought a new stake in ProShares UltraPro QQQ in the second quarter valued at approximately $395,951,000. Oriental Harbor Investment Fund raised its holdings in 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 valued at $86,488,000 after buying an additional 486,506 shares during the last quarter. Jump Financial LLC purchased a new stake in ProShares UltraPro QQQ during the 1st quarter valued at $53,458,000. Goldman Sachs Group Inc. grew its holdings in ProShares UltraPro QQQ by 4,237.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund's stock worth $29,821,000 after acquiring an additional 508,444 shares during the last quarter. Finally, PPSC Investment Service Corp increased its position in shares of ProShares UltraPro QQQ by 16.3% in the first quarter. PPSC Investment Service Corp now owns 519,345 shares of the exchange traded fund's stock valued at $29,758,000 after acquiring an additional 72,930 shares during the period.
ProShares UltraPro QQQ Trading Down 1.2%
Shares of NASDAQ:TQQQ opened at $101.41 on Thursday. The company has a 50-day moving average price of $91.96 and a 200-day moving average price of $74.39. The company has a market cap of $31.25 billion, a price-to-earnings ratio of 38.25 and a beta of 3.45. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $105.08.
ProShares UltraPro QQQ Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 24th will be issued a $0.0978 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $0.39 annualized dividend and a yield of 0.4%.
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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