Encompass More Asset Management Has $604,000 Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Encompass More Asset Management lowered its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 46.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,326 shares of the exchange traded fund’s stock after selling 7,196 shares during the quarter. Encompass More Asset Management’s holdings in ProShares UltraPro QQQ were worth $604,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. IMC Chicago LLC grew its holdings in ProShares UltraPro QQQ by 1,145.4% during the 3rd quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock worth $40,656,000 after acquiring an additional 515,815 shares during the period. BNP Paribas Financial Markets bought a new position in shares of ProShares UltraPro QQQ in the 3rd quarter worth $21,747,000. International Assets Investment Management LLC grew its stake in shares of 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 worth $20,816,000 after purchasing an additional 285,155 shares during the period. PPSC Investment Service Corp bought a new stake in ProShares UltraPro QQQ in the second quarter valued at about $12,662,000. Finally, Paragon Advisors LLC lifted its stake in ProShares UltraPro QQQ by 22.9% in the third quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after buying an additional 138,343 shares during the period.

ProShares UltraPro QQQ Stock Performance

Shares of TQQQ opened at $79.89 on Friday. ProShares UltraPro QQQ has a 1 year low of $41.73 and a 1 year high of $85.20. The stock’s 50-day moving average price is $75.08 and its two-hundred day moving average price is $70.75.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were paid a dividend of $0.2302 per share. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.22. The ex-dividend date of this dividend was Wednesday, September 25th.

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.