Vontobel Holding Ltd. cut its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 85.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,620 shares of the exchange traded fund's stock after selling 32,681 shares during the period. Vontobel Holding Ltd.'s holdings in ProShares UltraPro QQQ were worth $285,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the business. Flagstar Advisors Inc. grew its holdings in ProShares UltraPro QQQ by 0.4% in the 4th 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 in the last quarter. Sandy Spring Bank boosted its holdings in ProShares UltraPro QQQ by 1,113.0% in the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund's stock valued at $28,000 after purchasing an additional 512 shares during the period. National Bank of Canada FI grew 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 purchasing an additional 991 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new position in shares of ProShares UltraPro QQQ during the fourth quarter worth approximately $51,000. Finally, Impact Partnership Wealth LLC acquired a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at approximately $43,000.
ProShares UltraPro QQQ Trading Up 1.0 %
NASDAQ:TQQQ traded up $0.52 during trading hours on Wednesday, reaching $53.71. 70,182,492 shares of the company were exchanged, compared to its average volume of 74,173,313. The business has a 50 day moving average of $59.12 and a 200 day moving average of $50.62. ProShares UltraPro QQQ has a 1-year low of $25.17 and a 1-year high of $64.13.
ProShares UltraPro QQQ Announces Dividend
The business also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.2151 per share. The ex-dividend date of this dividend was Wednesday, March 20th.
ProShares UltraPro QQQ Company Profile
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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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