Optiver Holding B.V. Trims Stock Position in ProShares UltraPro QQQ $TQQQ

Optiver Holding B.V. lessened its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 54.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,495 shares of the exchange traded fund’s stock after selling 19,972 shares during the period. Optiver Holding B.V.’s holdings in ProShares UltraPro QQQ were worth $1,706,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. McElhenny Sheffield Capital Management LLC grew its stake in shares of ProShares UltraPro QQQ by 4.8% during the 3rd quarter. McElhenny Sheffield Capital Management LLC now owns 682,781 shares of the exchange traded fund’s stock valued at $70,600,000 after acquiring an additional 31,361 shares during the period. Citigroup Inc. lifted its holdings in ProShares UltraPro QQQ by 3,108.0% during the third quarter. Citigroup Inc. now owns 601,603 shares of the exchange traded fund’s stock valued at $62,206,000 after purchasing an additional 621,603 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of ProShares UltraPro QQQ by 4,237.0% in the first quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock worth $29,821,000 after purchasing an additional 508,444 shares during the period. Quadrature Capital Ltd bought a new position in shares of ProShares UltraPro QQQ in the second quarter worth approximately $35,551,000. Finally, Flow Traders U.S. LLC increased its stake in shares of ProShares UltraPro QQQ by 49.7% in the second quarter. Flow Traders U.S. LLC now owns 296,913 shares of the exchange traded fund’s stock worth $24,644,000 after purchasing an additional 98,613 shares in the last quarter.

ProShares UltraPro QQQ Stock Up 4.2%

NASDAQ TQQQ opened at $51.87 on Thursday. ProShares UltraPro QQQ has a twelve month low of $17.50 and a twelve month high of $60.69. The business has a 50-day moving average price of $52.80 and a 200-day moving average price of $51.76. The firm has a market cap of $27.84 billion, a price-to-earnings ratio of 38.25 and a beta of 3.46.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 24th were issued a $0.0855 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $0.34 dividend on an annualized basis and a yield of 0.7%. This is an increase from ProShares UltraPro QQQ’s previous quarterly dividend of $0.05.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.