ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Purchased by Brookstone Capital Management

Brookstone Capital Management increased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 86.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,258 shares of the exchange traded fund's stock after purchasing an additional 5,209 shares during the period. Brookstone Capital Management's holdings in ProShares UltraPro QQQ were worth $891,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Physician Wealth Advisors Inc. raised its stake in shares of ProShares UltraPro QQQ by 1.9% in the third quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund's stock valued at $565,000 after acquiring an additional 143 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in ProShares UltraPro QQQ by 0.6% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund's stock valued at $1,890,000 after acquiring an additional 158 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in ProShares UltraPro QQQ by 0.4% in the third quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund's stock worth $3,196,000 after acquiring an additional 178 shares during the last quarter. Golden State Equity Partners increased its position in shares of ProShares UltraPro QQQ by 5.2% in the 3rd quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund's stock valued at $303,000 after purchasing an additional 205 shares during the last quarter. Finally, Lauer Wealth LLC lifted its position in shares of ProShares UltraPro QQQ by 6.4% during the 3rd quarter. Lauer Wealth LLC now owns 4,667 shares of the exchange traded fund's stock worth $335,000 after purchasing an additional 281 shares during the last quarter.

ProShares UltraPro QQQ Stock Up 4.9 %

ProShares UltraPro QQQ stock traded up $3.91 during midday trading on Friday, reaching $83.14. The company's stock had a trading volume of 43,242,570 shares, compared to its average volume of 54,522,918. ProShares UltraPro QQQ has a fifty-two week low of $48.80 and a fifty-two week high of $93.79. The business has a 50-day simple moving average of $82.18 and a 200-day simple moving average of $74.34.

ProShares UltraPro QQQ Increases Dividend

The company 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 an increase from ProShares UltraPro QQQ's previous dividend of $0.23.

ProShares UltraPro QQQ Company Profile

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.