International Assets Investment Management LLC boosted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 14,257.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 287,155 shares of the exchange traded fund's stock after purchasing an additional 285,155 shares during the quarter. International Assets Investment Management LLC owned about 0.09% of ProShares UltraPro QQQ worth $20,816,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of TQQQ. Turim 21 Investimentos Ltda. grew its position in ProShares UltraPro QQQ by 98.5% in the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund's stock valued at $49,000 after purchasing an additional 330 shares during the period. Hantz Financial Services Inc. acquired a new stake in ProShares UltraPro QQQ in the 2nd quarter valued at $68,000. Signaturefd LLC grew its position in ProShares UltraPro QQQ by 153.8% in the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund's stock valued at $78,000 after purchasing an additional 655 shares during the period. Fairfield Financial Advisors LTD bought a new position in ProShares UltraPro QQQ during the 2nd quarter valued at $117,000. Finally, Hollencrest Capital Management lifted its stake in ProShares UltraPro QQQ by 1,797.9% during the 1st quarter. Hollencrest Capital Management now owns 2,657 shares of the exchange traded fund's stock valued at $164,000 after acquiring an additional 2,517 shares in the last quarter.
ProShares UltraPro QQQ Price Performance
NASDAQ:TQQQ traded down $1.71 during trading hours on Wednesday, hitting $75.17. 39,753,503 shares of the company traded hands, compared to its average volume of 60,896,531. The firm's 50-day simple moving average is $69.84 and its 200-day simple moving average is $67.39. ProShares UltraPro QQQ has a one year low of $31.60 and a one year high of $85.20.
ProShares UltraPro QQQ Increases Dividend
The business also recently disclosed 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. The ex-dividend date was Wednesday, September 25th. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.22.
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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