Tidal Investments LLC bought a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 160,000 shares of the exchange traded fund's stock, valued at approximately $11,598,000.
Other hedge funds have also recently made changes to their positions in the company. IMC Chicago LLC lifted its holdings in ProShares UltraPro QQQ by 1,145.4% during the 3rd quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund's stock worth $40,656,000 after purchasing an additional 515,815 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of ProShares UltraPro QQQ in the third quarter worth about $21,747,000. International Assets Investment Management LLC boosted its position in shares of ProShares UltraPro QQQ by 14,257.8% in the third quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund's stock valued at $20,816,000 after acquiring an additional 285,155 shares during the period. PPSC Investment Service Corp purchased a new position in ProShares UltraPro QQQ during the second quarter valued at approximately $12,662,000. Finally, Paragon Advisors LLC increased its holdings in ProShares UltraPro QQQ by 22.9% during the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund's stock worth $53,764,000 after acquiring an additional 138,343 shares during the period.
ProShares UltraPro QQQ Stock Up 2.0 %
NASDAQ:TQQQ traded up $1.73 during trading hours on Friday, hitting $89.25. The stock had a trading volume of 36,201,051 shares, compared to its average volume of 58,306,965. ProShares UltraPro QQQ has a one year low of $45.47 and a one year high of $90.77. The company has a 50 day simple moving average of $77.73 and a two-hundred day simple moving average of $72.14.
ProShares UltraPro QQQ Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were given a dividend of $0.2302 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is an increase from ProShares UltraPro QQQ's previous dividend of $0.22.
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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