ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Purchased by WMG Financial Advisors LLC

WMG Financial Advisors LLC boosted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,856 shares of the exchange traded fund’s stock after acquiring an additional 772 shares during the period. WMG Financial Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC grew its stake in ProShares UltraPro QQQ by 8.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 210,376 shares of the exchange traded fund’s stock valued at $15,250,000 after acquiring an additional 17,017 shares during the last quarter. Drive Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $1,108,000. Oriental Harbor Investment Fund acquired a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at about $82,199,000. HighTower Advisors LLC grew its stake in ProShares UltraPro QQQ by 121.2% in the 3rd quarter. HighTower Advisors LLC now owns 12,389 shares of the exchange traded fund’s stock valued at $896,000 after acquiring an additional 6,788 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in ProShares UltraPro QQQ by 30.5% in the 3rd quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund’s stock valued at $2,127,000 after acquiring an additional 6,857 shares during the last quarter.

ProShares UltraPro QQQ Trading Down 6.5 %

Shares of NASDAQ TQQQ opened at $70.08 on Tuesday. ProShares UltraPro QQQ has a 52 week low of $48.80 and a 52 week high of $93.79. The stock has a market cap of $21.52 billion, a price-to-earnings ratio of 30.83 and a beta of 3.45. The company’s 50-day moving average price is $82.78 and its 200 day moving average price is $77.47.

ProShares UltraPro QQQ Increases Dividend

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

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.