Tempus Wealth Planning LLC Has $786,000 Stock Position in ProShares UltraPro QQQ $TQQQ

Tempus Wealth Planning LLC lowered its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 4.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,470 shares of the exchange traded fund’s stock after selling 452 shares during the period. Tempus Wealth Planning LLC’s holdings in ProShares UltraPro QQQ were worth $786,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TQQQ. Parallel Advisors LLC lifted its stake in shares of ProShares UltraPro QQQ by 5.1% in the 1st quarter. Parallel Advisors LLC now owns 5,654 shares of the exchange traded fund’s stock valued at $324,000 after purchasing an additional 274 shares during the period. JTC Employer Solutions Trustee Ltd bought a new position in ProShares UltraPro QQQ in the first quarter valued at approximately $222,000. Merit Financial Group LLC grew its stake in shares of ProShares UltraPro QQQ by 18.6% during the first quarter. Merit Financial Group LLC now owns 5,063 shares of the exchange traded fund’s stock worth $290,000 after buying an additional 795 shares during the last quarter. HBW Advisory Services LLC lifted its holdings in shares of ProShares UltraPro QQQ by 42.6% during the first quarter. HBW Advisory Services LLC now owns 4,403 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 1,316 shares during the period. Finally, CPR Investments Inc. raised its holdings in shares of ProShares UltraPro QQQ by 12.0% during the first quarter. CPR Investments Inc. now owns 12,394 shares of the exchange traded fund’s stock valued at $710,000 after purchasing an additional 1,328 shares during the period.

ProShares UltraPro QQQ Stock Up 1.2%

ProShares UltraPro QQQ stock opened at $101.25 on Friday. ProShares UltraPro QQQ has a twelve month low of $35.00 and a twelve month high of $105.08. The company has a market capitalization of $31.21 billion, a P/E ratio of 38.25 and a beta of 3.45. The firm has a 50 day moving average price of $92.51 and a 200-day moving average price of $75.05.

ProShares UltraPro QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 24th will be paid a $0.0978 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.4%.

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.