Barclays PLC trimmed its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 96.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 500 shares of the exchange traded fund's stock after selling 14,753 shares during the period. Barclays PLC's holdings in ProShares UltraPro QQQ were worth $36,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Ironwood Wealth Management LLC. bought a new position in shares of ProShares UltraPro QQQ during the second quarter worth about $236,000. Main Street Financial Solutions LLC grew its position in shares of ProShares UltraPro QQQ by 45.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 9,225 shares of the exchange traded fund's stock worth $681,000 after acquiring an additional 2,866 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of ProShares UltraPro QQQ by 24.2% in the 2nd quarter. Parallel Advisors LLC now owns 4,758 shares of the exchange traded fund's stock valued at $351,000 after acquiring an additional 928 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter valued at approximately $576,000. Finally, Retirement Planning Co of New England Inc. raised its position in shares of ProShares UltraPro QQQ by 14.8% during the 2nd quarter. Retirement Planning Co of New England Inc. now owns 30,220 shares of the exchange traded fund's stock valued at $2,231,000 after acquiring an additional 3,900 shares in the last quarter.
ProShares UltraPro QQQ Stock Performance
ProShares UltraPro QQQ stock traded down $3.85 during mid-day trading on Friday, reaching $76.83. The company's stock had a trading volume of 72,602,914 shares, compared to its average volume of 56,497,555. ProShares UltraPro QQQ has a twelve month low of $47.87 and a twelve month high of $93.79. The business has a 50 day moving average price of $82.03 and a 200-day moving average price of $74.24.
ProShares UltraPro QQQ Increases Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from ProShares UltraPro QQQ's previous dividend of $0.23.
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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