IMC Chicago LLC Acquires 8,662,153 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

IMC Chicago LLC boosted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 1,635.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,191,741 shares of the exchange traded fund's stock after purchasing an additional 8,662,153 shares during the quarter. ProShares UltraPro QQQ makes up 0.3% of IMC Chicago LLC's portfolio, making the stock its 3rd biggest holding. IMC Chicago LLC owned approximately 2.44% of ProShares UltraPro QQQ worth $466,021,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TQQQ. Flagstar Advisors Inc. raised its position in shares of 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 worth $2,709,000 after buying an additional 233 shares during the period. Wealthspire Advisors LLC raised its holdings in shares of ProShares UltraPro QQQ by 3.8% in the 4th quarter. Wealthspire Advisors LLC now owns 7,569 shares of the exchange traded fund's stock worth $384,000 after purchasing an additional 279 shares during the period. Millington Financial Advisors LLC lifted its stake in shares of ProShares UltraPro QQQ by 2.3% in the 4th quarter. Millington Financial Advisors LLC now owns 18,148 shares of the exchange traded fund's stock valued at $920,000 after purchasing an additional 412 shares in the last quarter. Signaturefd LLC grew its holdings in shares of 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 period. Finally, Sandy Spring Bank increased its position 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 in the last quarter.

ProShares UltraPro QQQ Trading Up 2.1 %

NASDAQ TQQQ traded up $1.30 during mid-day trading on Monday, hitting $64.24. The company's stock had a trading volume of 37,145,544 shares, compared to its average volume of 70,582,086. The stock's fifty day simple moving average is $58.53 and its two-hundred day simple moving average is $53.60. ProShares UltraPro QQQ has a 52-week low of $29.77 and a 52-week high of $64.53.

ProShares UltraPro QQQ Dividend Announcement

The firm 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 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.

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