MGO One Seven LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,092 shares of the company’s stock, valued at approximately $372,000. MGO One Seven LLC owned approximately 0.18% of ProShares Nasdaq-100 High Income ETF at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 2nd quarter valued at about $204,000. PFG Investments LLC increased its position in ProShares Nasdaq-100 High Income ETF by 13.0% in the 2nd quarter. PFG Investments LLC now owns 68,630 shares of the company’s stock valued at $2,807,000 after acquiring an additional 7,887 shares in the last quarter. Masso Torrence Wealth Management Inc. increased its position in ProShares Nasdaq-100 High Income ETF by 7.8% in the 2nd quarter. Masso Torrence Wealth Management Inc. now owns 96,821 shares of the company’s stock valued at $3,960,000 after acquiring an additional 7,001 shares in the last quarter. Clarus Wealth Advisors acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 2nd quarter valued at about $410,000. Finally, City Center Advisors LLC increased its position in ProShares Nasdaq-100 High Income ETF by 10.6% in the 2nd quarter. City Center Advisors LLC now owns 5,912 shares of the company’s stock valued at $242,000 after acquiring an additional 566 shares in the last quarter.
ProShares Nasdaq-100 High Income ETF Trading Up 0.7%
IQQQ opened at $44.25 on Friday. The stock has a market capitalization of $281.43 million, a PE ratio of 34.31 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a 1-year low of $33.00 and a 1-year high of $45.21. The firm has a 50-day moving average price of $43.08 and a two-hundred day moving average price of $40.27.
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.
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