Barclays PLC trimmed its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 96.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 500 shares of the exchange traded fund's stock after selling 14,753 shares during the period. Barclays PLC's holdings in ProShares UltraPro QQQ were worth $36,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also made changes to their positions in the business. Discipline Wealth Solutions LLC purchased a new position in shares of ProShares UltraPro QQQ in the 3rd quarter valued at $1,698,000. Legacy Investment Solutions LLC acquired a new stake in shares of ProShares UltraPro QQQ during the third quarter worth about $310,000. Orion Portfolio Solutions LLC lifted its holdings in shares of ProShares UltraPro QQQ by 15.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 147,312 shares of the exchange traded fund's stock valued at $10,679,000 after purchasing an additional 19,692 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of ProShares UltraPro QQQ by 121.2% in the 3rd quarter. HighTower Advisors LLC now owns 12,389 shares of the exchange traded fund's stock valued at $896,000 after purchasing an additional 6,788 shares during the period. Finally, RPg Family Wealth Advisory LLC purchased a new position in ProShares UltraPro QQQ during the 3rd quarter worth approximately $32,000.
ProShares UltraPro QQQ Price Performance
NASDAQ TQQQ traded down $1.59 on Friday, reaching $86.75. The stock had a trading volume of 36,058,910 shares, compared to its average volume of 50,226,699. The business's 50-day moving average price is $82.78 and its 200 day moving average price is $74.48. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79.
ProShares UltraPro QQQ Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.23.
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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