Oriental Harbor Investment Fund acquired a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,028,904 shares of the exchange traded fund's stock, valued at approximately $82,199,000. ProShares UltraPro QQQ comprises 9.2% of Oriental Harbor Investment Fund's holdings, making the stock its 6th largest position. Oriental Harbor Investment Fund owned about 0.32% of ProShares UltraPro QQQ at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. IMC Chicago LLC boosted its holdings in ProShares UltraPro QQQ by 1,145.4% during the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund's stock worth $40,656,000 after buying an additional 515,815 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter worth about $21,747,000. International Assets Investment Management LLC grew its position in shares of ProShares UltraPro QQQ by 14,257.8% during the 3rd quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund's stock valued at $20,816,000 after acquiring an additional 285,155 shares during the period. PPSC Investment Service Corp purchased a new position in shares of ProShares UltraPro QQQ in the 2nd quarter valued at about $12,662,000. Finally, Tidal Investments LLC acquired a new position in ProShares UltraPro QQQ in the 3rd quarter worth about $11,598,000.
ProShares UltraPro QQQ Stock Up 2.1 %
TQQQ traded up $1.88 during trading on Friday, hitting $89.40. The company's stock had a trading volume of 39,723,852 shares, compared to its average volume of 58,325,391. ProShares UltraPro QQQ has a twelve month low of $45.47 and a twelve month high of $90.77. The business's fifty day simple moving average is $77.73 and its 200 day simple moving average is $72.14.
ProShares UltraPro QQQ Increases Dividend
The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were paid a $0.2302 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.22.
ProShares UltraPro QQQ Company Profile
(
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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