6,125 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,125 shares of the exchange traded fund’s stock, valued at approximately $485,000.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of ProShares UltraPro QQQ by 55.3% in the third quarter. JPMorgan Chase & Co. now owns 16,951 shares of the exchange traded fund’s stock worth $1,229,000 after acquiring an additional 6,039 shares during the last quarter. HBW Advisory Services LLC acquired a new position in ProShares UltraPro QQQ during the 4th quarter worth approximately $244,000. Brookstone Capital Management lifted its stake in ProShares UltraPro QQQ by 86.1% in the 4th quarter. Brookstone Capital Management now owns 11,258 shares of the exchange traded fund’s stock valued at $891,000 after purchasing an additional 5,209 shares during the last quarter. BCS Wealth Management bought a new position in ProShares UltraPro QQQ in the 4th quarter valued at approximately $236,000. Finally, Dale Q Rice Investment Management Ltd acquired a new stake in ProShares UltraPro QQQ in the fourth quarter valued at approximately $638,000.

ProShares UltraPro QQQ Trading Up 3.0 %

Shares of TQQQ stock opened at $59.11 on Friday. The firm has a market capitalization of $22.89 billion, a price-to-earnings ratio of 27.46 and a beta of 3.45. The business’s 50-day moving average price is $55.48 and its 200-day moving average price is $72.57. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $93.79.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.1977 per share. This represents a $0.79 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Wednesday, March 26th.

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.