Dale Q Rice Investment Management Ltd purchased a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,057 shares of the exchange traded fund's stock, valued at approximately $638,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BCS Wealth Management bought a new stake in shares of ProShares UltraPro QQQ during the fourth quarter valued at approximately $236,000. Brookstone Capital Management increased its holdings in shares of ProShares UltraPro QQQ by 86.1% in the 4th quarter. Brookstone Capital Management now owns 11,258 shares of the exchange traded fund's stock worth $891,000 after purchasing an additional 5,209 shares in the last quarter. HBW Advisory Services LLC purchased a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth $244,000. Innova Wealth Partners bought a new position in shares of ProShares UltraPro QQQ during the fourth quarter valued at $796,000. Finally, Silverleafe Capital Partners LLC boosted its position in shares of ProShares UltraPro QQQ by 48.6% during the fourth quarter. Silverleafe Capital Partners LLC now owns 5,200 shares of the exchange traded fund's stock valued at $412,000 after buying an additional 1,700 shares during the last quarter.
ProShares UltraPro QQQ Price Performance
NASDAQ TQQQ traded down $0.27 during trading hours on Tuesday, hitting $75.76. The company's stock had a trading volume of 62,147,069 shares, compared to its average volume of 57,237,652. ProShares UltraPro QQQ has a 12 month low of $47.87 and a 12 month high of $93.79. The company's 50 day simple moving average is $82.15 and its two-hundred day simple moving average is $74.25.
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 paid a $0.2754 dividend. The ex-dividend date was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ's previous dividend of $0.23.
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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