JTC Employer Solutions Trustee Ltd purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,880 shares of the exchange traded fund's stock, valued at approximately $222,000.
Several other institutional investors also recently bought and sold shares of TQQQ. Capital Investment Advisory Services LLC grew its stake in ProShares UltraPro QQQ by 2.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 5,295 shares of the exchange traded fund's stock valued at $419,000 after purchasing an additional 140 shares during the last quarter. James J. Burns & Company LLC purchased a new stake in ProShares UltraPro QQQ in the 4th quarter worth $206,000. Ameliora Wealth Management Ltd. purchased a new position in ProShares UltraPro QQQ in the 4th quarter valued at about $391,000. Clarity Wealth Advisors LLC lifted its position in shares of ProShares UltraPro QQQ by 3.9% in the fourth quarter. Clarity Wealth Advisors LLC now owns 9,520 shares of the exchange traded fund's stock valued at $753,000 after acquiring an additional 360 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth $729,000.
ProShares UltraPro QQQ Price Performance
NASDAQ TQQQ traded up $0.31 during trading hours on Thursday, hitting $74.18. 63,224,461 shares of the company's stock traded hands, compared to its average volume of 67,989,038. ProShares UltraPro QQQ has a 52-week low of $35.00 and a 52-week high of $93.79. The company has a market capitalization of $28.73 billion, a PE ratio of 32.04 and a beta of 3.45. The firm's 50-day moving average is $57.82 and its 200-day moving average is $71.65.
ProShares UltraPro QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors 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 of this dividend 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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