ProShares UltraPro QQQ (NASDAQ:TQQQ) Holdings Lowered by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. reduced its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,551 shares of the exchange traded fund’s stock after selling 183 shares during the period. StoneCrest Wealth Management Inc.’s holdings in ProShares UltraPro QQQ were worth $598,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. RPg Family Wealth Advisory LLC bought a new stake in ProShares UltraPro QQQ in the third quarter worth about $32,000. Turim 21 Investimentos Ltda. grew its stake in shares of ProShares UltraPro QQQ by 98.5% in the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 330 shares during the last quarter. Signaturefd LLC grew its stake in shares of ProShares UltraPro QQQ by 153.8% in the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 655 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of 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 purchasing an additional 1,082 shares in the last quarter. Finally, Carnegie Investment Counsel acquired a new stake in ProShares UltraPro QQQ during the fourth quarter valued at approximately $214,000.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ:TQQQ opened at $79.23 on Friday. ProShares UltraPro QQQ has a 1-year low of $47.87 and a 1-year high of $93.79. The company has a 50 day moving average price of $82.18 and a 200 day moving average price of $74.34.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23.

About ProShares UltraPro QQQ

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.