Steward Partners Investment Advisory LLC Increases Stock Position in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ)

Steward Partners Investment Advisory LLC raised its position in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 136.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,045 shares of the company’s stock after acquiring an additional 77,862 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.06% of ProShares Nasdaq-100 High Income ETF worth $5,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Maia Wealth LLC bought a new stake in shares of ProShares Nasdaq-100 High Income ETF in the third quarter worth about $234,000. Jane Street Group LLC purchased a new stake in ProShares Nasdaq-100 High Income ETF in the 3rd quarter worth approximately $810,000. Sanctuary Advisors LLC grew its position in shares of ProShares Nasdaq-100 High Income ETF by 184.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 46,123 shares of the company’s stock worth $1,979,000 after buying an additional 29,919 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of ProShares Nasdaq-100 High Income ETF by 58.7% during the third quarter. JPMorgan Chase & Co. now owns 47,599 shares of the company’s stock valued at $1,991,000 after buying an additional 17,599 shares during the period. Finally, PFG Investments LLC raised its holdings in shares of ProShares Nasdaq-100 High Income ETF by 45.2% during the fourth quarter. PFG Investments LLC now owns 42,422 shares of the company’s stock valued at $1,811,000 after acquiring an additional 13,201 shares in the last quarter.

ProShares Nasdaq-100 High Income ETF Stock Up 1.5 %

NASDAQ:IQQQ opened at $41.38 on Thursday. The firm’s fifty day simple moving average is $43.03 and its 200 day simple moving average is $42.43. The stock has a market cap of $96.00 million, a P/E ratio of 34.78 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a twelve month low of $37.27 and a twelve month high of $45.21.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 7th. Stockholders of record on Monday, March 3rd will be given a $0.2771 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

ProShares Nasdaq-100 High Income ETF Company Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.