MADDEN SECURITIES Corp purchased a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,200 shares of the exchange traded fund's stock, valued at approximately $2,189,000.
A number of other large investors have also bought and sold shares of TQQQ. PayPay Securities Corp increased its stake in ProShares UltraPro QQQ by 119.3% during the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund's stock valued at $40,000 after purchasing an additional 272 shares in the last quarter. Cary Street Partners Financial LLC purchased a new stake in ProShares UltraPro QQQ during the 4th quarter valued at $47,000. Clear Investment Research LLC boosted its stake in ProShares UltraPro QQQ by 83.3% during the 4th quarter. Clear Investment Research LLC now owns 1,054 shares of the exchange traded fund's stock valued at $83,000 after purchasing an additional 479 shares during the last quarter. Beacon Capital Management LLC bought a new stake in shares of ProShares UltraPro QQQ in the 4th quarter worth $109,000. Finally, Menard Financial Group LLC purchased a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth $146,000.
ProShares UltraPro QQQ Stock Performance
Shares of TQQQ stock traded up $1.44 during trading hours on Tuesday, reaching $75.98. The company had a trading volume of 60,696,978 shares, compared to its average volume of 68,297,925. The firm has a market cap of $26.10 billion, a PE ratio of 38.25 and a beta of 3.54. The business has a fifty day moving average price of $58.72 and a 200-day moving average price of $71.49. ProShares UltraPro QQQ has a one year low of $35.00 and a one year high of $93.79.
ProShares UltraPro QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.1977 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.04%.
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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