International Assets Investment Management LLC Acquires New Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

International Assets Investment Management LLC acquired a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 101,400 shares of the exchange traded fund’s stock, valued at approximately $5,141,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TQQQ. National Bank of Canada FI grew its position in ProShares UltraPro QQQ by 9,910.0% during the third quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 991 shares in the last quarter. Impact Partnership Wealth LLC bought a new stake in ProShares UltraPro QQQ in the third quarter worth approximately $43,000. Royal Bank of Canada grew its position in ProShares UltraPro QQQ by 79.1% in the second quarter. Royal Bank of Canada now owns 1,107 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 489 shares in the last quarter. FMR LLC grew its position in ProShares UltraPro QQQ by 41,566.7% in the third quarter. FMR LLC now owns 1,250 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 1,247 shares in the last quarter. Finally, BluePath Capital Management LLC bought a new stake in ProShares UltraPro QQQ in the third quarter worth approximately $47,000.

ProShares UltraPro QQQ Price Performance

TQQQ stock opened at $55.77 on Tuesday. ProShares UltraPro QQQ has a 12 month low of $25.17 and a 12 month high of $64.13. The firm has a 50 day moving average of $59.80 and a two-hundred day moving average of $49.91.

ProShares UltraPro QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were paid a dividend of $0.2151 per share. The ex-dividend date was Wednesday, March 20th.

ProShares UltraPro QQQ Profile

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.