ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. reduced its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 83.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,510 shares of the exchange traded fund’s stock after selling 22,856 shares during the period. Vontobel Holding Ltd.’s holdings in ProShares UltraPro QQQ were worth $357,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Hanseatic Management Services Inc. raised its holdings in shares of ProShares UltraPro QQQ by 2.9% during the fourth quarter. Hanseatic Management Services Inc. now owns 4,656 shares of the exchange traded fund’s stock worth $368,000 after purchasing an additional 132 shares during the last quarter. Capital Investment Advisory Services LLC raised its holdings in shares of ProShares UltraPro QQQ by 2.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 5,295 shares of the exchange traded fund’s stock worth $419,000 after purchasing an additional 140 shares during the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in shares of ProShares UltraPro QQQ by 0.6% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock worth $1,890,000 after purchasing an additional 158 shares during the last quarter. Golden State Equity Partners raised its holdings in shares of ProShares UltraPro QQQ by 5.2% during the third quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund’s stock worth $303,000 after purchasing an additional 205 shares during the last quarter. Finally, PayPay Securities Corp raised its holdings in shares of ProShares UltraPro QQQ by 119.3% during the fourth quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 272 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of ProShares UltraPro QQQ stock opened at $89.30 on Friday. The firm has a fifty day moving average price of $84.16 and a 200 day moving average price of $76.38. ProShares UltraPro QQQ has a 1 year low of $48.80 and a 1 year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.