ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Kwmg LLC

Kwmg LLC lessened its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 75.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,013 shares of the exchange traded fund’s stock after selling 9,487 shares during the quarter. Kwmg LLC’s holdings in ProShares UltraPro QQQ were worth $238,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in TQQQ. RPg Family Wealth Advisory LLC purchased a new position in shares of ProShares UltraPro QQQ in the third quarter valued at $32,000. Turim 21 Investimentos Ltda. grew its stake in shares of ProShares UltraPro QQQ by 98.5% during the second quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 330 shares in the last quarter. Signaturefd LLC increased its position in shares of ProShares UltraPro QQQ by 153.8% during the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after acquiring an additional 655 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock worth $112,000 after acquiring an additional 1,082 shares in the last quarter. Finally, Fairfield Financial Advisors LTD purchased a new position in ProShares UltraPro QQQ in the second quarter valued at about $117,000.

ProShares UltraPro QQQ Stock Performance

Shares of TQQQ traded down $0.79 during trading on Monday, reaching $76.04. The company’s stock had a trading volume of 55,063,622 shares, compared to its average volume of 55,912,145. The company has a fifty day moving average of $82.03 and a two-hundred day moving average of $74.24. ProShares UltraPro QQQ has a twelve month low of $47.87 and a twelve month high of $93.79.

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 paid a dividend of $0.2754 per share. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares UltraPro QQQ Company 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.