CPR Investments Inc. trimmed its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 86.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,066 shares of the exchange traded fund's stock after selling 70,341 shares during the period. ProShares UltraPro QQQ comprises 0.8% of CPR Investments Inc.'s holdings, making the stock its 20th largest position. CPR Investments Inc.'s holdings in ProShares UltraPro QQQ were worth $876,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ironwood Wealth Management LLC. acquired a new position in shares of ProShares UltraPro QQQ in the second quarter worth about $236,000. Parallel Advisors LLC boosted its position in ProShares UltraPro QQQ by 24.2% during the second quarter. Parallel Advisors LLC now owns 4,758 shares of the exchange traded fund's stock worth $351,000 after purchasing an additional 928 shares in the last quarter. Thoroughbred Financial Services LLC purchased a new position in ProShares UltraPro QQQ during the second quarter worth approximately $576,000. Rathbones Group PLC increased its position in shares of ProShares UltraPro QQQ by 272.0% in the second quarter. Rathbones Group PLC now owns 18,600 shares of the exchange traded fund's stock valued at $1,373,000 after buying an additional 13,600 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its position in shares of ProShares UltraPro QQQ by 31.8% in the second quarter. Axxcess Wealth Management LLC now owns 10,219 shares of the exchange traded fund's stock valued at $754,000 after buying an additional 2,463 shares in the last quarter.
ProShares UltraPro QQQ Trading Up 6.9 %
Shares of NASDAQ:TQQQ traded up $5.20 during midday trading on Wednesday, reaching $80.96. 51,157,604 shares of the company's stock traded hands, compared to its average volume of 56,196,711. The company has a fifty day simple moving average of $82.20 and a two-hundred day simple moving average of $74.26. ProShares UltraPro QQQ has a 1 year low of $47.87 and a 1 year high of $93.79.
ProShares UltraPro QQQ Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.2754 dividend. This is a positive change from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.
About ProShares UltraPro QQQ
(
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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