ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 85.3% during the fourth quarter, HoldingsChannel reports. The firm owned 5,620 shares of the exchange traded fund’s stock after selling 32,681 shares during the quarter. Vontobel Holding Ltd.’s holdings in ProShares UltraPro QQQ were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TQQQ. Lauer Wealth LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth $242,000. Simplicity Solutions LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth $3,017,000. Cerity Partners LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth $834,000. Sandy Spring Bank increased its stake in shares of ProShares UltraPro QQQ by 1,113.0% in the fourth quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 512 shares during the period. Finally, Toth Financial Advisory Corp increased its stake in shares of ProShares UltraPro QQQ by 1.8% in the fourth quarter. Toth Financial Advisory Corp now owns 114,146 shares of the exchange traded fund’s stock worth $5,787,000 after acquiring an additional 2,059 shares during the period.

ProShares UltraPro QQQ Trading Up 4.5 %

NASDAQ:TQQQ opened at $53.19 on Wednesday. ProShares UltraPro QQQ has a 1-year low of $25.17 and a 1-year high of $64.13. The company’s fifty day moving average price is $59.12 and its 200-day moving average price is $50.62.

ProShares UltraPro QQQ Announces Dividend

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

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.