ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Shares Acquired by JPMorgan Chase & Co.

Posted by Defense World Staff on Jan 23rd, 2025

JPMorgan Chase & Co. lifted its position in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report) by 58.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,599 shares of the company’s stock after acquiring an additional 17,599 shares during the period. JPMorgan Chase & Co. owned 2.88% of ProShares Nasdaq-100 High Income ETF worth $1,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in IQQQ. Maia Wealth LLC purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF during the 3rd quarter worth about $234,000. City Center Advisors LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 3rd quarter worth about $252,000. Sanctuary Advisors LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 2nd quarter worth about $642,000. Jane Street Group LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 3rd quarter worth about $810,000. Finally, SteelPeak Wealth LLC boosted its holdings in ProShares Nasdaq-100 High Income ETF by 64.4% in the 3rd quarter. SteelPeak Wealth LLC now owns 22,685 shares of the company’s stock worth $949,000 after buying an additional 8,885 shares during the last quarter.

ProShares Nasdaq-100 High Income ETF Trading Up 1.5 %

IQQQ stock opened at $44.06 on Thursday. ProShares Nasdaq-100 High Income ETF has a 12-month low of $37.27 and a 12-month high of $45.21. The stock has a market cap of $88.56 million, a price-to-earnings ratio of 30.87 and a beta of 1.21. The business’s 50-day moving average is $43.26 and its 200 day moving average is $42.07.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.1648 dividend. The ex-dividend date was Monday, December 23rd.

About ProShares Nasdaq-100 High Income ETF

(Free Report)

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.