ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Acquired by Golden State Equity Partners

Golden State Equity Partners grew its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 5.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,182 shares of the exchange traded fund’s stock after buying an additional 205 shares during the period. Golden State Equity Partners’ holdings in ProShares UltraPro QQQ were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TQQQ. Physician Wealth Advisors Inc. raised its stake in ProShares UltraPro QQQ by 1.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund’s stock worth $565,000 after acquiring an additional 143 shares during the last quarter. Everhart Financial Group Inc. raised its stake in shares of ProShares UltraPro QQQ by 5.0% in the second quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 166 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of ProShares UltraPro QQQ by 0.4% during the third quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund’s stock worth $3,196,000 after purchasing an additional 178 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in ProShares UltraPro QQQ by 0.7% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 26,282 shares of the exchange traded fund’s stock worth $1,618,000 after buying an additional 187 shares during the period. Finally, Lauer Wealth LLC raised its position in ProShares UltraPro QQQ by 6.4% during the 3rd quarter. Lauer Wealth LLC now owns 4,667 shares of the exchange traded fund’s stock worth $335,000 after buying an additional 281 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 7.6 %

TQQQ stock opened at $69.45 on Friday. ProShares UltraPro QQQ has a 12 month low of $31.60 and a 12 month high of $85.20. The firm’s fifty day simple moving average is $69.84 and its 200-day simple moving average is $67.39.

ProShares UltraPro QQQ Increases Dividend

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

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.