BNP Paribas Financial Markets bought a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 300,000 shares of the exchange traded fund's stock, valued at approximately $21,747,000. BNP Paribas Financial Markets owned about 0.09% of ProShares UltraPro QQQ at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avidian Wealth Enterprises LLC grew its position in ProShares UltraPro QQQ by 8.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 210,376 shares of the exchange traded fund's stock worth $15,250,000 after purchasing an additional 17,017 shares during the last quarter. IMC Chicago LLC boosted its holdings in shares of ProShares UltraPro QQQ by 1,145.4% in the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund's stock valued at $40,656,000 after acquiring an additional 515,815 shares in the last quarter. Howard Capital Management Inc. boosted its holdings in shares of ProShares UltraPro QQQ by 7.1% in the second quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund's stock valued at $27,929,000 after acquiring an additional 25,087 shares in the last quarter. Primoris Wealth Advisors LLC bought a new position in shares of ProShares UltraPro QQQ in the second quarter valued at approximately $696,000. Finally, AE Wealth Management LLC boosted its holdings in shares of ProShares UltraPro QQQ by 289.9% in the second quarter. AE Wealth Management LLC now owns 16,019 shares of the exchange traded fund's stock valued at $1,183,000 after acquiring an additional 11,911 shares in the last quarter.
ProShares UltraPro QQQ Trading Up 2.6 %
Shares of ProShares UltraPro QQQ stock traded up $1.99 on Friday, hitting $79.89. The company had a trading volume of 20,432,861 shares, compared to its average volume of 59,319,965. The business has a 50-day simple moving average of $75.08 and a 200-day simple moving average of $70.82. ProShares UltraPro QQQ has a 52 week low of $41.73 and a 52 week high of $85.20.
ProShares UltraPro QQQ Increases Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were issued a $0.2302 dividend. The ex-dividend date 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.
Featured Stories
Before you consider ProShares UltraPro QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro QQQ wasn't on the list.
While ProShares UltraPro QQQ currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
