ProShares UltraPro QQQ $TQQQ Stake Increased by Allworth Financial LP

Allworth Financial LP increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 335,475.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,846 shares of the exchange traded fund’s stock after buying an additional 26,838 shares during the quarter. Allworth Financial LP’s holdings in ProShares UltraPro QQQ were worth $2,228,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new stake in ProShares UltraPro QQQ during the 2nd quarter worth about $25,000. MRP Capital Investments LLC purchased a new stake in shares of ProShares UltraPro QQQ in the first quarter worth approximately $29,000. Atlantic Union Bankshares Corp purchased a new stake in shares of ProShares UltraPro QQQ in the second quarter worth approximately $47,000. Keystone Financial Group Inc. acquired a new stake in shares of ProShares UltraPro QQQ during the second quarter worth approximately $48,000. Finally, Bogart Wealth LLC purchased a new position in ProShares UltraPro QQQ during the second quarter valued at approximately $58,000.

ProShares UltraPro QQQ Stock Performance

ProShares UltraPro QQQ stock opened at $111.55 on Thursday. ProShares UltraPro QQQ has a twelve month low of $35.00 and a twelve month high of $121.37. The firm has a market cap of $29.25 billion, a PE ratio of 38.25 and a beta of 3.46. The firm’s 50 day moving average price is $104.93 and its two-hundred day moving average price is $87.97.

ProShares UltraPro QQQ’s stock is set to split on Thursday, November 20th. The 2-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 19th.

ProShares UltraPro QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 24th were given a $0.0978 dividend. This represents a $0.39 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, September 24th.

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.