Advyzon Investment Management LLC Boosts Holdings in ProShares UltraPro QQQ $TQQQ

Advyzon Investment Management LLC grew its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 145.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,678 shares of the exchange traded fund’s stock after acquiring an additional 27,081 shares during the quarter. ProShares UltraPro QQQ comprises about 0.8% of Advyzon Investment Management LLC’s holdings, making the stock its 24th largest position. Advyzon Investment Management LLC’s holdings in ProShares UltraPro QQQ were worth $4,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of TQQQ. Howard Capital Management Inc. increased its position in ProShares UltraPro QQQ by 1,071.0% during the second quarter. Howard Capital Management Inc. now owns 4,855,196 shares of the exchange traded fund’s stock worth $404,067,000 after purchasing an additional 4,440,578 shares during the last quarter. McElhenny Sheffield Capital Management LLC boosted its holdings in shares of ProShares UltraPro QQQ by 4.8% in 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 purchasing an additional 31,361 shares during the last quarter. Citigroup Inc. grew its stake in shares of ProShares UltraPro QQQ by 3,108.0% during the 3rd quarter. Citigroup Inc. now owns 601,603 shares of the exchange traded fund’s stock valued at $62,206,000 after buying an additional 621,603 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of ProShares UltraPro QQQ by 4,237.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock valued at $29,821,000 after buying an additional 508,444 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth $35,551,000.

ProShares UltraPro QQQ Trading Up 2.5%

Shares of ProShares UltraPro QQQ stock opened at $50.06 on Friday. The business’s fifty day moving average price is $52.88 and its 200 day moving average price is $51.60. ProShares UltraPro QQQ has a twelve month low of $17.50 and a twelve month high of $60.69. The stock has a market capitalization of $26.87 billion, a P/E ratio of 38.25 and a beta of 3.46.

ProShares UltraPro QQQ Increases Dividend

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

ProShares UltraPro QQQ Company 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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.