Sowell Financial Services LLC purchased a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,638 shares of the exchange traded fund's stock, valued at approximately $1,475,000.
Other large investors have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at $32,000. PayPay Securities Corp grew its position in shares of ProShares UltraPro QQQ by 119.3% in the fourth quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund's stock valued at $40,000 after purchasing an additional 272 shares during the period. Beacon Capital Management LLC purchased a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth about $109,000. Farther Finance Advisors LLC boosted its holdings in ProShares UltraPro QQQ by 235.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund's stock worth $112,000 after buying an additional 1,082 shares during the last quarter. Finally, James J. Burns & Company LLC purchased a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth approximately $206,000.
ProShares UltraPro QQQ Stock Performance
Shares of NASDAQ TQQQ traded up $4.35 during trading on Friday, hitting $62.14. 98,783,780 shares of the company were exchanged, compared to its average volume of 67,474,961. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79. The company has a fifty day moving average price of $79.68 and a 200-day moving average price of $77.03. The firm has a market capitalization of $19.08 billion, a PE ratio of 30.83 and a beta of 3.45.
ProShares UltraPro QQQ Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2754 dividend. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date of this dividend was Monday, December 23rd.
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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