HighTower Advisors LLC increased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 121.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,389 shares of the exchange traded fund's stock after acquiring an additional 6,788 shares during the quarter. HighTower Advisors LLC's holdings in ProShares UltraPro QQQ were worth $896,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its holdings in shares of ProShares UltraPro QQQ by 1.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund's stock valued at $565,000 after purchasing an additional 143 shares during the last quarter. Sheaff Brock Investment Advisors LLC increased its position in ProShares UltraPro QQQ by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund's stock valued at $1,890,000 after buying an additional 158 shares in the last quarter. Everhart Financial Group Inc. raised its stake in ProShares UltraPro QQQ by 5.0% in the second quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund's stock valued at $256,000 after buying an additional 166 shares during the last quarter. Capital Investment Advisors LLC raised 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 valued at $3,196,000 after buying an additional 178 shares during the last quarter. Finally, Golden State Equity Partners boosted its holdings in ProShares UltraPro QQQ by 5.2% in the third quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund's stock worth $303,000 after acquiring an additional 205 shares in the last quarter.
ProShares UltraPro QQQ Stock Performance
Shares of TQQQ traded down $9.95 during mid-day trading on Wednesday, hitting $82.09. 65,823,094 shares of the company traded hands, compared to its average volume of 58,163,598. The business has a 50 day moving average of $79.09 and a 200 day moving average of $72.90. ProShares UltraPro QQQ has a 1-year low of $45.47 and a 1-year high of $93.79.
ProShares UltraPro QQQ Increases Dividend
The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.2302 per share. This is a positive change from ProShares UltraPro QQQ's previous dividend of $0.22. The ex-dividend date was Wednesday, September 25th.
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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