Variant Private Wealth LLC Buys Shares of 25,673 ProShares UltraPro QQQ (NASDAQ:TQQQ)

Variant Private Wealth LLC bought a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,673 shares of the exchange traded fund’s stock, valued at approximately $2,032,000. ProShares UltraPro QQQ makes up approximately 1.9% of Variant Private Wealth LLC’s holdings, making the stock its 19th largest holding.

Several other institutional investors also recently bought and sold shares of TQQQ. Signaturefd LLC raised its holdings in ProShares UltraPro QQQ by 153.8% during the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock valued at $78,000 after buying an additional 655 shares in the last quarter. International Assets Investment Management LLC raised its holdings in ProShares UltraPro QQQ by 14,257.8% during the third quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund’s stock valued at $20,816,000 after buying an additional 285,155 shares in the last quarter. J.W. Cole Advisors Inc. bought a new position in ProShares UltraPro QQQ during the third quarter valued at about $275,000. Ridgepath Capital Management LLC raised its holdings in ProShares UltraPro QQQ by 47.1% during the third quarter. Ridgepath Capital Management LLC now owns 135,048 shares of the exchange traded fund’s stock valued at $9,790,000 after buying an additional 43,225 shares in the last quarter. Finally, Lauer Wealth LLC grew its position in shares of ProShares UltraPro QQQ by 6.4% in the third quarter. Lauer Wealth LLC now owns 4,667 shares of the exchange traded fund’s stock valued at $335,000 after purchasing an additional 281 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 6.3 %

Shares of NASDAQ:TQQQ opened at $83.71 on Friday. The stock’s 50-day moving average is $84.04 and its 200-day moving average is $76.58. ProShares UltraPro QQQ has a 52-week low of $48.80 and a 52-week high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given 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.