ProShares UltraPro QQQ $TQQQ Shares Sold by Allworth Financial LP

Allworth Financial LP reduced its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 95.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,170 shares of the exchange traded fund’s stock after selling 25,676 shares during the quarter. Allworth Financial LP’s holdings in ProShares UltraPro QQQ were worth $121,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. WFA of San Diego LLC purchased a new position in ProShares UltraPro QQQ during the 2nd quarter worth $25,000. BOKF NA purchased a new stake in ProShares UltraPro QQQ in the third quarter valued at about $31,000. N.E.W. Advisory Services LLC purchased a new stake in ProShares UltraPro QQQ in the second quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in ProShares UltraPro QQQ in the third quarter worth about $44,000. Finally, Abound Wealth Management acquired a new stake in ProShares UltraPro QQQ in the third quarter worth about $60,000.

ProShares UltraPro QQQ Stock Performance

Shares of TQQQ stock opened at $38.78 on Friday. The firm has a market capitalization of $20.82 billion, a price-to-earnings ratio of 38.25 and a beta of 3.46. The stock’s 50-day simple moving average is $49.50 and its 200-day simple moving average is $51.95. ProShares UltraPro QQQ has a fifty-two week low of $17.50 and a fifty-two week high of $60.69.

ProShares UltraPro QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.0716 per share. This represents a $0.29 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, March 25th.

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.