Kwmg LLC lessened its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 75.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,013 shares of the exchange traded fund's stock after selling 9,487 shares during the period. Kwmg LLC's holdings in ProShares UltraPro QQQ were worth $238,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in TQQQ. Ironwood Wealth Management LLC. acquired a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth approximately $236,000. Parallel Advisors LLC raised its position in ProShares UltraPro QQQ by 24.2% during the second quarter. Parallel Advisors LLC now owns 4,758 shares of the exchange traded fund's stock valued at $351,000 after purchasing an additional 928 shares in the last quarter. Thoroughbred Financial Services LLC bought a new stake in ProShares UltraPro QQQ during the second quarter worth $576,000. Retirement Planning Co of New England Inc. boosted its holdings in shares of ProShares UltraPro QQQ by 14.8% in 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 purchasing an additional 3,900 shares in the last quarter. Finally, Rathbones Group PLC boosted its holdings in shares of ProShares UltraPro QQQ by 272.0% in the 2nd quarter. Rathbones Group PLC now owns 18,600 shares of the exchange traded fund's stock valued at $1,373,000 after purchasing an additional 13,600 shares in the last quarter.
ProShares UltraPro QQQ Price Performance
Shares of ProShares UltraPro QQQ stock traded down $0.80 during trading on Monday, reaching $76.03. 55,893,184 shares of the company's stock were exchanged, compared to its average volume of 56,441,691. ProShares UltraPro QQQ has a 1-year low of $47.87 and a 1-year high of $93.79. The firm's 50-day moving average price is $82.03 and its 200 day moving average price is $74.24.
ProShares UltraPro QQQ Increases Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2754 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.23.
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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