5,037 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Purchased by Strategic Wealth Investment Group LLC

Strategic Wealth Investment Group LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 4th quarter, Holdings Channel reports. The institutional investor bought 5,037 shares of the exchange traded fund’s stock, valued at approximately $399,000.

Several other large investors also recently made changes to their positions in TQQQ. Hanseatic Management Services Inc. raised its holdings in shares of ProShares UltraPro QQQ by 2.9% in the 4th quarter. Hanseatic Management Services Inc. now owns 4,656 shares of the exchange traded fund’s stock valued at $368,000 after purchasing an additional 132 shares during the period. Capital Investment Advisory Services LLC increased its position in ProShares UltraPro QQQ by 2.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 5,295 shares of the exchange traded fund’s stock worth $419,000 after buying an additional 140 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in ProShares UltraPro QQQ by 1.9% in the third quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund’s stock valued at $565,000 after buying an additional 143 shares during the period. Sheaff Brock Investment Advisors LLC raised its stake in ProShares UltraPro QQQ by 0.6% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock valued at $1,890,000 after buying an additional 158 shares during the period. Finally, Capital Investment Advisors LLC boosted its stake in shares of ProShares UltraPro QQQ by 0.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund’s stock worth $3,196,000 after acquiring an additional 178 shares during the period.

ProShares UltraPro QQQ Price Performance

TQQQ stock opened at $83.17 on Friday. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79. The business’s 50 day simple moving average is $83.16 and its 200 day simple moving average is $74.61.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.2754 dividend. This is an increase 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.