Ashton Thomas Private Wealth LLC lowered its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 90.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,304 shares of the exchange traded fund's stock after selling 49,198 shares during the quarter. Ashton Thomas Private Wealth LLC's holdings in ProShares UltraPro QQQ were worth $420,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in TQQQ. RPg Family Wealth Advisory LLC purchased a new position in ProShares UltraPro QQQ during the third quarter worth about $32,000. PayPay Securities Corp raised its stake in shares of ProShares UltraPro QQQ by 119.3% during the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund's stock worth $40,000 after buying an additional 272 shares in the last quarter. Beacon Capital Management LLC acquired a new stake in shares of ProShares UltraPro QQQ in the 4th quarter valued at approximately $109,000. Farther Finance Advisors LLC boosted its stake in shares of ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund's stock valued at $112,000 after buying an additional 1,082 shares in the last quarter. Finally, James J. Burns & Company LLC purchased a new position in ProShares UltraPro QQQ in the fourth quarter worth $206,000.
ProShares UltraPro QQQ Trading Up 7.5 %
Shares of TQQQ traded up $4.35 during trading hours on Friday, reaching $62.14. The company had a trading volume of 98,783,780 shares, compared to its average volume of 67,474,961. The company has a market capitalization of $19.08 billion, a price-to-earnings ratio of 30.83 and a beta of 3.45. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79. The firm has a 50 day simple moving average of $79.68 and a 200-day simple moving average of $77.03.
ProShares UltraPro QQQ Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.2754 per share. This is an increase from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.
ProShares UltraPro QQQ 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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