CPR Investments Inc. Sells 70,341 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Posted by Trent Williams on Jan 15th, 2025

CPR Investments Inc. decreased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 86.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,066 shares of the exchange traded fund’s stock after selling 70,341 shares during the period. ProShares UltraPro QQQ accounts for approximately 0.8% of CPR Investments Inc.’s holdings, making the stock its 20th biggest holding. CPR Investments Inc.’s holdings in ProShares UltraPro QQQ were worth $876,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Dale Q Rice Investment Management Ltd acquired a new position in ProShares UltraPro QQQ during the 4th quarter worth $638,000. BCS Wealth Management bought a new position in ProShares UltraPro QQQ in the fourth quarter valued at about $236,000. Brookstone Capital Management increased its position in ProShares UltraPro QQQ by 86.1% in the fourth quarter. Brookstone Capital Management now owns 11,258 shares of the exchange traded fund’s stock worth $891,000 after purchasing an additional 5,209 shares during the period. HBW Advisory Services LLC bought a new stake in ProShares UltraPro QQQ during the 4th quarter worth about $244,000. Finally, Innova Wealth Partners acquired a new position in ProShares UltraPro QQQ during the 4th quarter valued at about $796,000.

ProShares UltraPro QQQ Price Performance

TQQQ opened at $79.85 on Wednesday. The firm has a 50 day simple moving average of $82.20 and a 200 day simple moving average of $74.26. ProShares UltraPro QQQ has a fifty-two week low of $47.87 and a fifty-two week high of $93.79.

ProShares UltraPro QQQ Increases Dividend

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

ProShares UltraPro QQQ Profile

(Free Report)

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.