CCG Wealth Management LLC Has $799,000 Holdings in ProShares UltraPro QQQ $TQQQ

CCG Wealth Management LLC lifted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 348.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,163 shares of the exchange traded fund’s stock after purchasing an additional 11,779 shares during the quarter. CCG Wealth Management LLC’s holdings in ProShares UltraPro QQQ were worth $799,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sherman Wealth Management LLC acquired a new stake in shares of ProShares UltraPro QQQ during the 4th quarter worth approximately $2,249,000. Paragon Advisors LLC grew its holdings in shares of ProShares UltraPro QQQ by 104.6% during the 4th quarter. Paragon Advisors LLC now owns 146,543 shares of the exchange traded fund’s stock worth $7,726,000 after purchasing an additional 74,933 shares in the last quarter. Spire Wealth Management grew its holdings in shares of ProShares UltraPro QQQ by 4,456.0% during the 4th quarter. Spire Wealth Management now owns 28,657 shares of the exchange traded fund’s stock worth $1,511,000 after purchasing an additional 28,028 shares in the last quarter. MFG Wealth Management Inc. grew its holdings in shares of ProShares UltraPro QQQ by 98.3% during the 4th quarter. MFG Wealth Management Inc. now owns 67,453 shares of the exchange traded fund’s stock worth $3,556,000 after purchasing an additional 33,442 shares in the last quarter. Finally, Diversified Trust Co. grew its holdings in shares of ProShares UltraPro QQQ by 100.0% during the 4th quarter. Diversified Trust Co. now owns 110,000 shares of the exchange traded fund’s stock worth $5,799,000 after purchasing an additional 55,000 shares in the last quarter.

ProShares UltraPro QQQ Trading Up 0.1%

Shares of NASDAQ:TQQQ opened at $44.15 on Wednesday. ProShares UltraPro QQQ has a 1-year low of $18.55 and a 1-year high of $60.69. The firm has a market capitalization of $25.88 billion, a PE ratio of 38.25 and a beta of 3.50. The business’s 50 day moving average is $47.90 and its 200-day moving average is $51.64.

ProShares UltraPro QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were paid a $0.0716 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.29 annualized dividend and a yield of 0.6%.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.