Mayflower Financial Advisors LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,145 shares of the exchange traded fund's stock, valued at approximately $249,000.
Other large investors have also modified their holdings of the company. Hanseatic Management Services Inc. raised its position in ProShares UltraPro QQQ by 2.9% in the fourth quarter. Hanseatic Management Services Inc. now owns 4,656 shares of the exchange traded fund's stock valued at $368,000 after purchasing an additional 132 shares during the period. Physician Wealth Advisors Inc. raised its holdings in shares of ProShares UltraPro QQQ by 1.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund's stock valued at $565,000 after buying an additional 143 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake 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 worth $1,890,000 after acquiring an additional 158 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in ProShares UltraPro QQQ by 0.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund's stock valued at $3,196,000 after acquiring an additional 178 shares during the period. Finally, Golden State Equity Partners increased its stake in ProShares UltraPro QQQ by 5.2% during the third quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund's stock worth $303,000 after purchasing an additional 205 shares during the period.
ProShares UltraPro QQQ Stock Up 1.3 %
Shares of TQQQ traded up $1.03 during mid-day trading on Thursday, hitting $83.17. 56,863,874 shares of the company's stock were exchanged, compared to its average volume of 52,679,195. The stock's 50-day moving average is $83.05 and its 200-day moving average is $74.55. ProShares UltraPro QQQ has a fifty-two week low of $48.80 and a fifty-two week high of $93.79.
ProShares UltraPro QQQ Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.23.
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.
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