Dale Q Rice Investment Management Ltd Invests $638,000 in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Dale Q Rice Investment Management Ltd purchased a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,057 shares of the exchange traded fund’s stock, valued at approximately $638,000.

Several other institutional investors and hedge funds have also bought and sold shares of TQQQ. Oriental Harbor Investment Fund bought a new position in shares of ProShares UltraPro QQQ in the 3rd quarter valued at $82,199,000. IMC Chicago LLC boosted its stake in ProShares UltraPro QQQ by 1,145.4% in the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock valued at $40,656,000 after buying an additional 515,815 shares in the last quarter. BNP Paribas Financial Markets bought a new position in ProShares UltraPro QQQ in the third quarter valued at about $21,747,000. International Assets Investment Management LLC raised its stake 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 worth $20,816,000 after acquiring an additional 285,155 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in shares of ProShares UltraPro QQQ in the third quarter worth about $11,598,000.

ProShares UltraPro QQQ Stock Down 1.0 %

Shares of ProShares UltraPro QQQ stock opened at $76.03 on Tuesday. The firm’s 50 day moving average is $82.03 and its 200 day moving average is $74.24. ProShares UltraPro QQQ has a 1 year low of $47.87 and a 1 year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The business also recently announced 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. The ex-dividend date was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.