6,027 Shares in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Purchased by City Center Advisors LLC

City Center Advisors LLC purchased a new position in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,027 shares of the company’s stock, valued at approximately $252,000. City Center Advisors LLC owned approximately 0.43% of ProShares Nasdaq-100 High Income ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. SteelPeak Wealth LLC purchased a new position in ProShares Nasdaq-100 High Income ETF during the 2nd quarter valued at about $589,000. Sanctuary Advisors LLC purchased a new position in ProShares Nasdaq-100 High Income ETF during the 2nd quarter valued at about $642,000. Finally, PFG Investments LLC purchased a new position in ProShares Nasdaq-100 High Income ETF during the 2nd quarter valued at about $896,000.

ProShares Nasdaq-100 High Income ETF Price Performance

NASDAQ:IQQQ opened at $41.67 on Wednesday. ProShares Nasdaq-100 High Income ETF has a fifty-two week low of $37.27 and a fifty-two week high of $44.42. The stock’s 50-day moving average is $40.61 and its two-hundred day moving average is $41.00. The stock has a market cap of $58.34 million, a PE ratio of 30.87 and a beta of 1.21.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 8th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.324 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $3.89 annualized dividend and a yield of 9.33%.

ProShares Nasdaq-100 High Income ETF Company Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.