ProShares UltraPro QQQ (NASDAQ:TQQQ) Stock Price Up 4.6%

ProShares UltraPro QQQ (NASDAQ:TQQQ)’s share price traded up 4.6% during trading on Monday . The company traded as high as $74.39 and last traded at $74.32. 10,000,845 shares were traded during mid-day trading, a decline of 84% from the average session volume of 62,887,754 shares. The stock had previously closed at $71.06.

ProShares UltraPro QQQ Stock Down 10.8 %

The firm has a 50 day moving average price of $71.99 and a two-hundred day moving average price of $62.46.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were issued a $0.2828 dividend. This is a positive change from ProShares UltraPro QQQ’s previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, June 26th. This represents a $1.13 annualized dividend and a yield of 1.73%.

Institutional Investors Weigh In On ProShares UltraPro QQQ

Several institutional investors have recently bought and sold shares of the business. Citigroup Inc. acquired a new position in shares of ProShares UltraPro QQQ during the 3rd quarter valued at $221,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth about $259,000. Bouchey Financial Group Ltd acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $208,000. SeaCrest Wealth Management LLC grew its stake in shares of ProShares UltraPro QQQ by 6.4% in the fourth quarter. SeaCrest Wealth Management LLC now owns 35,523 shares of the exchange traded fund’s stock valued at $1,801,000 after buying an additional 2,146 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its holdings in shares of ProShares UltraPro QQQ by 0.4% during the 4th quarter. Flagstar Advisors Inc. now owns 53,439 shares of the exchange traded fund’s stock valued at $2,709,000 after buying an additional 233 shares during the period.

About ProShares UltraPro QQQ

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.