Headlands Technologies LLC purchased a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 29,050 shares of the exchange traded fund's stock, valued at approximately $1,473,000.
Several other hedge funds also recently modified their holdings of TQQQ. Jump Financial LLC increased its stake in shares of ProShares UltraPro QQQ by 285.6% during the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund's stock worth $34,310,000 after purchasing an additional 713,425 shares during the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at $24,056,000. Howard Capital Management Inc. acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at $17,511,000. Pathstone Family Office LLC acquired a new position in ProShares UltraPro QQQ in the 3rd quarter valued at $5,651,000. Finally, CHURCHILL MANAGEMENT Corp acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at $7,033,000.
ProShares UltraPro QQQ Stock Performance
NASDAQ:TQQQ traded up $2.43 during midday trading on Friday, reaching $55.28. The stock had a trading volume of 67,997,318 shares, compared to its average volume of 74,258,516. ProShares UltraPro QQQ has a 1-year low of $26.28 and a 1-year high of $64.13. The firm's fifty day simple moving average is $58.85 and its 200-day simple moving average is $50.94.
ProShares UltraPro QQQ Announces Dividend
The business also recently declared a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were issued a $0.2151 dividend. 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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