Avidian Wealth Enterprises LLC increased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 8.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,376 shares of the exchange traded fund's stock after purchasing an additional 17,017 shares during the period. ProShares UltraPro QQQ accounts for about 0.7% of Avidian Wealth Enterprises LLC's holdings, making the stock its 29th biggest position. Avidian Wealth Enterprises LLC owned about 0.06% of ProShares UltraPro QQQ worth $15,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently modified their holdings of the stock. Physician Wealth Advisors Inc. grew its stake 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 worth $565,000 after acquiring an additional 143 shares during the period. Everhart Financial Group Inc. grew its stake 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 worth $256,000 after acquiring an additional 166 shares during the period. Capital Investment Advisors LLC grew its stake 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 worth $3,196,000 after acquiring an additional 178 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake 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 worth $1,618,000 after acquiring an additional 187 shares during the period. Finally, Golden State Equity Partners grew its stake 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 worth $303,000 after acquiring an additional 205 shares during the period.
ProShares UltraPro QQQ Stock Up 8.1 %
TQQQ stock traded up $5.92 during midday trading on Wednesday, hitting $78.86. The stock had a trading volume of 58,905,873 shares, compared to its average volume of 60,681,051. ProShares UltraPro QQQ has a 12-month low of $37.97 and a 12-month high of $85.20. The company's 50-day moving average price is $69.99 and its 200 day moving average price is $67.97.
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 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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