PayPay Securities Corp Reduces Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

PayPay Securities Corp lessened its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 49.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 959 shares of the exchange traded fund’s stock after selling 920 shares during the period. ProShares UltraPro QQQ accounts for 2.4% of PayPay Securities Corp’s holdings, making the stock its 10th biggest position. PayPay Securities Corp’s holdings in ProShares UltraPro QQQ were worth $49,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TQQQ. Jane Street Group LLC raised its stake in ProShares UltraPro QQQ by 104.5% in the 2nd quarter. Jane Street Group LLC now owns 162,916 shares of the exchange traded fund’s stock valued at $3,910,000 after acquiring an additional 3,819,585 shares during the period. Osaic Holdings Inc. grew its holdings in ProShares UltraPro QQQ by 155,339.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,977,190 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 1,975,918 shares in the last quarter. Jump Financial LLC grew its holdings in ProShares UltraPro QQQ by 285.6% in the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock valued at $34,310,000 after buying an additional 713,425 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in ProShares UltraPro QQQ by 1,200.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 519,000 shares of the exchange traded fund’s stock valued at $21,279,000 after buying an additional 479,082 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at $24,056,000.

ProShares UltraPro QQQ Stock Performance

NASDAQ TQQQ traded down $1.42 on Wednesday, reaching $54.36. The stock had a trading volume of 55,589,170 shares, compared to its average volume of 72,924,719. The firm has a fifty day moving average of $59.78 and a two-hundred day moving average of $50.05. ProShares UltraPro QQQ has a 1-year low of $25.17 and a 1-year high of $64.13.

ProShares UltraPro QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were issued a $0.2151 dividend. The ex-dividend date was Wednesday, March 20th.

ProShares UltraPro QQQ Profile

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.