International Assets Investment Management LLC Purchases Shares of 101,400 ProShares UltraPro QQQ (NASDAQ:TQQQ)

International Assets Investment Management LLC purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 101,400 shares of the exchange traded fund's stock, valued at approximately $5,141,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Flagstar Advisors Inc. increased its position in shares of ProShares UltraPro QQQ by 0.4% during the fourth quarter. Flagstar Advisors Inc. now owns 53,439 shares of the exchange traded fund's stock valued at $2,709,000 after buying an additional 233 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of ProShares UltraPro QQQ by 3.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 11,134 shares of the exchange traded fund's stock valued at $397,000 after buying an additional 358 shares during the period. Royal Bank of Canada increased its position in shares of ProShares UltraPro QQQ by 79.1% during the second quarter. Royal Bank of Canada now owns 1,107 shares of the exchange traded fund's stock valued at $45,000 after buying an additional 489 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of ProShares UltraPro QQQ by 6.2% during the first quarter. Mercer Global Advisors Inc. ADV now owns 10,755 shares of the exchange traded fund's stock valued at $304,000 after buying an additional 628 shares during the period. Finally, Laurel Wealth Advisors Inc. grew its holdings in ProShares UltraPro QQQ by 7.2% in the first quarter. Laurel Wealth Advisors Inc. now owns 11,704 shares of the exchange traded fund's stock worth $681,000 after purchasing an additional 785 shares during the period.

ProShares UltraPro QQQ Price Performance

Shares of NASDAQ TQQQ traded up $0.01 on Tuesday, reaching $55.78. 81,198,006 shares of the company's stock traded hands, compared to its average volume of 73,200,367. ProShares UltraPro QQQ has a 12 month low of $25.17 and a 12 month high of $64.13. The business's 50 day simple moving average is $59.78 and its two-hundred day simple moving average is $50.05.

ProShares UltraPro QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.2151 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

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.