Primoris Wealth Advisors LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,430 shares of the exchange traded fund's stock, valued at approximately $696,000.
A number of other institutional investors have also recently bought and sold shares of TQQQ. Visionary Wealth Advisors acquired a new stake in shares of ProShares UltraPro QQQ in the 4th quarter valued at approximately $681,000. Global Assets Advisory LLC bought a new stake in ProShares UltraPro QQQ in the first quarter valued at approximately $721,000. Tower Research Capital LLC TRC raised its holdings in ProShares UltraPro QQQ by 32.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 80,360 shares of the exchange traded fund's stock worth $4,074,000 after purchasing an additional 19,899 shares during the period. WT Asset Management Ltd bought a new position in shares of ProShares UltraPro QQQ during the second quarter worth $1,476,000. Finally, TB Alternative Assets Ltd. acquired a new position in shares of ProShares UltraPro QQQ in the 1st quarter valued at $4,352,000.
ProShares UltraPro QQQ Price Performance
Shares of TQQQ traded up $2.26 during trading hours on Monday, reaching $68.61. The stock had a trading volume of 46,473,297 shares, compared to its average volume of 64,042,020. ProShares UltraPro QQQ has a 52 week low of $30.47 and a 52 week high of $85.20. The firm has a 50-day moving average of $70.13 and a 200 day moving average of $64.42.
ProShares UltraPro QQQ Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Wednesday, June 26th were issued a $0.2828 dividend. This is an increase from ProShares UltraPro QQQ's previous quarterly dividend of $0.22. This represents a $1.13 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend was Wednesday, June 26th.
ProShares UltraPro QQQ Company Profile
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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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