OLD National Bancorp IN Buys 18,145 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

OLD National Bancorp IN raised its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 24.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,971 shares of the exchange traded fund's stock after acquiring an additional 18,145 shares during the quarter. OLD National Bancorp IN's holdings in ProShares UltraPro QQQ were worth $5,270,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. PayPay Securities Corp boosted its position in shares of ProShares UltraPro QQQ by 119.3% during the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund's stock worth $40,000 after purchasing an additional 272 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in ProShares UltraPro QQQ during the 4th quarter worth approximately $47,000. Clear Investment Research LLC boosted its holdings in ProShares UltraPro QQQ by 83.3% in the fourth quarter. Clear Investment Research LLC now owns 1,054 shares of the exchange traded fund's stock worth $83,000 after acquiring an additional 479 shares in the last quarter. Beacon Capital Management LLC bought a new position in ProShares UltraPro QQQ in the fourth quarter worth approximately $109,000. Finally, Menard Financial Group LLC acquired a new stake in ProShares UltraPro QQQ in the fourth quarter valued at approximately $146,000.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ TQQQ traded up $0.49 during midday trading on Thursday, hitting $75.69. 62,410,205 shares of the stock traded hands, compared to its average volume of 68,624,676. ProShares UltraPro QQQ has a one year low of $35.00 and a one year high of $93.79. The business has a 50 day moving average price of $59.91 and a two-hundred day moving average price of $71.55. The company has a market cap of $29.31 billion, a PE ratio of 38.25 and a beta of 3.45.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.1977 per share. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Wednesday, March 26th.

About ProShares UltraPro QQQ

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.