ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC cut its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 8.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,075 shares of the exchange traded fund’s stock after selling 447 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in ProShares UltraPro QQQ were worth $257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CPR Investments Inc. grew its stake in ProShares UltraPro QQQ by 491.6% in the 4th quarter. CPR Investments Inc. now owns 82,376 shares of the exchange traded fund’s stock valued at $4,176,000 after acquiring an additional 68,451 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $5,141,000. CHURCHILL MANAGEMENT Corp acquired a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $7,033,000. Bleakley Financial Group LLC acquired a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $3,017,000. Finally, Jump Financial LLC grew its stake in ProShares UltraPro QQQ by 285.6% in the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock valued at $34,310,000 after acquiring an additional 713,425 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of NASDAQ TQQQ opened at $53.71 on Thursday. ProShares UltraPro QQQ has a 52 week low of $25.17 and a 52 week high of $64.13. The company’s 50-day moving average price is $59.12 and its 200 day moving average price is $50.62.

ProShares UltraPro QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were paid a $0.2151 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

ProShares UltraPro QQQ Company 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.