OLD Mission Capital LLC Buys New Stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ)

OLD Mission Capital LLC purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,165 shares of the company’s stock, valued at approximately $519,000. OLD Mission Capital LLC owned approximately 0.52% of ProShares Nasdaq-100 High Income ETF as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF during the 4th quarter valued at about $51,000. Pitti Group Wealth Management LLC bought a new stake in ProShares Nasdaq-100 High Income ETF during the fourth quarter worth approximately $237,000. Kingsview Wealth Management LLC raised its position in ProShares Nasdaq-100 High Income ETF by 131.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 11,281 shares of the company’s stock valued at $482,000 after purchasing an additional 6,417 shares during the period. Jane Street Group LLC bought a new stake in shares of ProShares Nasdaq-100 High Income ETF in the 3rd quarter valued at approximately $810,000. Finally, SteelPeak Wealth LLC boosted its holdings in shares of ProShares Nasdaq-100 High Income ETF by 3.4% in the 4th quarter. SteelPeak Wealth LLC now owns 23,450 shares of the company’s stock worth $1,001,000 after purchasing an additional 765 shares during the period.

ProShares Nasdaq-100 High Income ETF Stock Performance

NASDAQ:IQQQ opened at $34.58 on Friday. The stock’s fifty day moving average is $41.36 and its 200 day moving average is $42.23. The firm has a market capitalization of $90.60 million, a PE ratio of 31.75 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a fifty-two week low of $34.51 and a fifty-two week high of $45.21.

ProShares Nasdaq-100 High Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 7th. Stockholders of record on Tuesday, April 1st will be issued a $0.9041 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from ProShares Nasdaq-100 High Income ETF’s previous dividend of $0.28.

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.