CHURCHILL MANAGEMENT Corp acquired a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 138,722 shares of the exchange traded fund's stock, valued at approximately $7,033,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its position in shares of ProShares UltraPro QQQ by 9,910.0% during the 3rd quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund's stock worth $37,000 after buying an additional 991 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of ProShares UltraPro QQQ by 79.1% in the 2nd quarter. Royal Bank of Canada now owns 1,107 shares of the exchange traded fund's stock valued at $45,000 after purchasing an additional 489 shares in the last quarter. Impact Partnership Wealth LLC bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at approximately $43,000. FMR LLC increased its position in ProShares UltraPro QQQ by 41,566.7% during the 3rd quarter. FMR LLC now owns 1,250 shares of the exchange traded fund's stock worth $45,000 after purchasing an additional 1,247 shares in the last quarter. Finally, BluePath Capital Management LLC acquired a new stake in ProShares UltraPro QQQ in the third quarter valued at approximately $47,000.
ProShares UltraPro QQQ Stock Performance
Shares of NASDAQ TQQQ traded up $0.13 during midday trading on Friday, reaching $62.63. 45,787,397 shares of the company were exchanged, compared to its average volume of 75,032,578. ProShares UltraPro QQQ has a one year low of $24.29 and a one year high of $64.13. The stock's 50-day moving average price is $57.89 and its 200-day moving average price is $47.45.
ProShares UltraPro QQQ Announces Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, March 27th. Investors of record on Thursday, March 21st will be issued a dividend of $0.2151 per share. The ex-dividend date of this dividend is Wednesday, March 20th.
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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