Pitti Group Wealth Management LLC Acquires New Stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ)

Pitti Group Wealth Management LLC bought a new position in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,550 shares of the company’s stock, valued at approximately $237,000. Pitti Group Wealth Management LLC owned approximately 0.24% of ProShares Nasdaq-100 High Income ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IQQQ. SBI Securities Co. Ltd. acquired a new stake in shares of ProShares Nasdaq-100 High Income ETF in the 4th quarter valued at about $51,000. Kingsview Wealth Management LLC raised its stake in shares of ProShares Nasdaq-100 High Income ETF by 131.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 11,281 shares of the company’s stock worth $482,000 after buying an additional 6,417 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of ProShares Nasdaq-100 High Income ETF during the 3rd quarter worth approximately $810,000. SteelPeak Wealth LLC raised its stake in shares of ProShares Nasdaq-100 High Income ETF by 3.4% during the 4th quarter. SteelPeak Wealth LLC now owns 23,450 shares of the company’s stock worth $1,001,000 after buying an additional 765 shares in the last quarter. Finally, PFG Investments LLC grew its holdings in shares of ProShares Nasdaq-100 High Income ETF by 45.2% in the 4th quarter. PFG Investments LLC now owns 42,422 shares of the company’s stock worth $1,811,000 after acquiring an additional 13,201 shares during the period.

ProShares Nasdaq-100 High Income ETF Stock Performance

Shares of NASDAQ:IQQQ opened at $39.81 on Monday. The business’s fifty day moving average price is $42.54 and its two-hundred day moving average price is $42.35. The stock has a market cap of $92.36 million, a PE ratio of 31.66 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a one year low of $37.27 and a one year high of $45.21.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were given a $0.2771 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

ProShares Nasdaq-100 High Income ETF Company Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.