Capital Investment Advisors LLC Purchases 178 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Capital Investment Advisors LLC raised its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,082 shares of the exchange traded fund’s stock after acquiring an additional 178 shares during the period. Capital Investment Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $3,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of TQQQ. Jane Street Group LLC lifted its position in ProShares UltraPro QQQ by 444.5% during the first quarter. Jane Street Group LLC now owns 10,280,259 shares of the exchange traded fund’s stock valued at $632,853,000 after purchasing an additional 8,392,312 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of ProShares UltraPro QQQ by 433.9% in the 1st quarter. Flow Traders U.S. LLC now owns 1,532,199 shares of the exchange traded fund’s stock valued at $94,322,000 after acquiring an additional 1,245,229 shares during the last quarter. Howard Capital Management Inc. grew its position in ProShares UltraPro QQQ by 7.1% in the second quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund’s stock worth $27,929,000 after acquiring an additional 25,087 shares in the last quarter. Avidian Wealth Solutions LLC grew its position in ProShares UltraPro QQQ by 10.7% in the first quarter. Avidian Wealth Solutions LLC now owns 177,959 shares of the exchange traded fund’s stock worth $10,955,000 after acquiring an additional 17,245 shares in the last quarter. Finally, PPSC Investment Service Corp bought a new stake in ProShares UltraPro QQQ during the second quarter worth approximately $12,662,000.

ProShares UltraPro QQQ Stock Performance

Shares of TQQQ stock opened at $74.64 on Friday. The stock’s 50 day simple moving average is $68.65 and its two-hundred day simple moving average is $66.55. ProShares UltraPro QQQ has a 1 year low of $30.47 and a 1 year high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were given a $0.2302 dividend. The ex-dividend date was Wednesday, September 25th. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.22.

ProShares UltraPro QQQ Profile

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.