SBI Securities Co. Ltd. Purchases Shares of 125,994 ProShares UltraPro QQQ (NASDAQ:TQQQ)

SBI Securities Co. Ltd. acquired a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 125,994 shares of the exchange traded fund’s stock, valued at approximately $9,970,000.

Other large investors have also modified their holdings of the company. SVB Wealth LLC purchased a new stake in shares of ProShares UltraPro QQQ in the 4th quarter valued at about $791,000. World Equity Group Inc. lifted its stake in ProShares UltraPro QQQ by 35.6% in the fourth quarter. World Equity Group Inc. now owns 48,016 shares of the exchange traded fund’s stock valued at $3,800,000 after buying an additional 12,616 shares during the last quarter. Variant Private Wealth LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at approximately $2,032,000. Empower Advisory Group LLC purchased a new position in shares of ProShares UltraPro QQQ during the fourth quarter worth approximately $339,000. Finally, Beacon Capital Management LLC acquired a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at $109,000.

ProShares UltraPro QQQ Price Performance

Shares of NASDAQ:TQQQ opened at $74.97 on Friday. The firm has a fifty day moving average price of $83.08 and a 200 day moving average price of $77.37. The stock has a market cap of $22.33 billion, a P/E ratio of 30.83 and a beta of 3.47. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.