GUNN & Co INVESTMENT MANAGEMENT INC. bought a new stake in 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 fund bought 13,636 shares of the exchange traded fund's stock, valued at approximately $691,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagstar Advisors Inc. raised its holdings in shares of ProShares UltraPro QQQ by 0.4% in 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 last quarter. Signaturefd LLC raised its holdings in ProShares UltraPro QQQ by 9.6% during the 4th quarter. Signaturefd LLC now owns 4,798 shares of the exchange traded fund's stock worth $243,000 after purchasing an additional 422 shares during the last quarter. Sandy Spring Bank raised its holdings in ProShares UltraPro QQQ by 1,113.0% during the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund's stock worth $28,000 after purchasing an additional 512 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in ProShares UltraPro QQQ during the 4th quarter worth about $51,000. Finally, Physician Wealth Advisors Inc. raised its holdings in ProShares UltraPro QQQ by 20.1% during the 4th quarter. Physician Wealth Advisors Inc. now owns 7,373 shares of the exchange traded fund's stock worth $404,000 after purchasing an additional 1,234 shares during the last quarter.
ProShares UltraPro QQQ Stock Performance
NASDAQ:TQQQ traded up $3.19 on Friday, hitting $56.70. 75,439,019 shares of the stock were exchanged, compared to its average volume of 74,077,109. ProShares UltraPro QQQ has a 52 week low of $26.28 and a 52 week high of $64.13. The company's 50-day moving average price is $58.49 and its 200 day moving average price is $51.51.
ProShares UltraPro QQQ Dividend Announcement
The company also recently disclosed a dividend, which was paid on Wednesday, March 27th. Shareholders 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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