Prime Capital Investment Advisors LLC increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 83.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,997 shares of the exchange traded fund's stock after buying an additional 3,188 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in ProShares UltraPro QQQ were worth $581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IMC Chicago LLC purchased a new stake in shares of ProShares UltraPro QQQ during the first quarter worth about $712,000. Marshall Financial Group LLC purchased a new stake in ProShares UltraPro QQQ during the 1st quarter worth approximately $428,000. Wealth Enhancement Advisory Services LLC grew its position in ProShares UltraPro QQQ by 24.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 67,691 shares of the exchange traded fund's stock worth $3,879,000 after purchasing an additional 13,452 shares during the last quarter. PPSC Investment Service Corp grew its position in ProShares UltraPro QQQ by 16.3% during the 1st quarter. PPSC Investment Service Corp now owns 519,345 shares of the exchange traded fund's stock worth $29,758,000 after purchasing an additional 72,930 shares during the last quarter. Finally, Sowell Financial Services LLC grew its position in ProShares UltraPro QQQ by 8.2% during the 1st quarter. Sowell Financial Services LLC now owns 20,167 shares of the exchange traded fund's stock worth $1,156,000 after purchasing an additional 1,529 shares during the last quarter.
ProShares UltraPro QQQ Stock Performance
ProShares UltraPro QQQ stock opened at $97.07 on Friday. The business's 50-day simple moving average is $95.88 and its two-hundred day simple moving average is $77.89. The company has a market cap of $25.57 billion, a PE ratio of 38.25 and a beta of 3.45. ProShares UltraPro QQQ has a fifty-two week low of $35.00 and a fifty-two week high of $109.66.
ProShares UltraPro QQQ Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 24th were issued a $0.0978 dividend. This represents a $0.39 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, September 24th.
ProShares UltraPro QQQ 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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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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