DeDora Capital Inc. lowered its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 20.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,369 shares of the exchange traded fund's stock after selling 8,279 shares during the period. DeDora Capital Inc.'s holdings in ProShares UltraPro QQQ were worth $2,274,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TQQQ. Jane Street Group LLC lifted its stake in ProShares UltraPro QQQ by 444.5% during the first quarter. Jane Street Group LLC now owns 10,280,259 shares of the exchange traded fund's stock worth $632,853,000 after purchasing an additional 8,392,312 shares in the last quarter. Flow Traders U.S. LLC raised its stake in ProShares UltraPro QQQ by 433.9% during the 1st quarter. Flow Traders U.S. LLC now owns 1,532,199 shares of the exchange traded fund's stock worth $94,322,000 after acquiring an additional 1,245,229 shares in the last quarter. PPSC Investment Service Corp purchased a new position in ProShares UltraPro QQQ during the 2nd quarter worth approximately $12,662,000. TB Alternative Assets Ltd. acquired a new stake in ProShares UltraPro QQQ during the 1st quarter worth $4,352,000. Finally, DRW Securities LLC lifted its position in ProShares UltraPro QQQ by 1,607.2% during the 2nd quarter. DRW Securities LLC now owns 61,580 shares of the exchange traded fund's stock worth $4,577,000 after acquiring an additional 57,973 shares during the period.
ProShares UltraPro QQQ Price Performance
Shares of NASDAQ TQQQ traded up $0.22 during trading on Tuesday, hitting $75.27. 37,941,136 shares of the company were exchanged, compared to its average volume of 61,367,281. ProShares UltraPro QQQ has a 1 year low of $30.47 and a 1 year high of $85.20. The firm's fifty day moving average price is $68.97 and its 200 day moving average price is $66.72.
ProShares UltraPro QQQ Increases Dividend
The company 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 boost from ProShares UltraPro QQQ's previous dividend of $0.22. The ex-dividend date of this dividend was Wednesday, September 25th.
ProShares UltraPro QQQ 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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