IMC Chicago LLC boosted its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 1,145.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 560,847 shares of the exchange traded fund's stock after buying an additional 515,815 shares during the quarter. IMC Chicago LLC owned approximately 0.17% of ProShares UltraPro QQQ worth $40,656,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. raised its holdings in 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 acquiring an additional 143 shares during the last quarter. Everhart Financial Group Inc. raised its holdings in ProShares UltraPro QQQ by 5.0% in the 2nd quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund's stock valued at $256,000 after acquiring an additional 166 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in ProShares UltraPro QQQ by 0.4% in 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 last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in ProShares UltraPro QQQ by 0.7% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 26,282 shares of the exchange traded fund's stock valued at $1,618,000 after acquiring an additional 187 shares during the last quarter. Finally, Golden State Equity Partners raised its holdings in ProShares UltraPro QQQ by 5.2% in the 3rd quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund's stock valued at $303,000 after acquiring an additional 205 shares during the last quarter.
ProShares UltraPro QQQ Trading Down 7.6 %
TQQQ traded down $5.72 during trading on Thursday, hitting $69.45. The company's stock had a trading volume of 68,990,266 shares, compared to its average volume of 60,937,129. The firm's 50 day moving average price is $69.84 and its 200-day moving average price is $67.39. ProShares UltraPro QQQ has a twelve month low of $31.60 and a twelve month high of $85.20.
ProShares UltraPro QQQ Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.2302 per share. This is an increase from ProShares UltraPro QQQ's previous dividend of $0.22. The ex-dividend date was Wednesday, September 25th.
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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