71,903 Shares in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 71,903 shares of the company’s stock, valued at approximately $3,070,000. Raymond James Financial Inc. owned approximately 3.10% of ProShares Nasdaq-100 High Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of IQQQ. Steward Partners Investment Advisory LLC lifted its position in ProShares Nasdaq-100 High Income ETF by 136.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 135,045 shares of the company’s stock worth $5,765,000 after buying an additional 77,862 shares in the last quarter. Masso Torrence Wealth Management Inc. acquired a new stake in shares of ProShares Nasdaq-100 High Income ETF during the fourth quarter worth $3,465,000. Sanctuary Advisors LLC increased its holdings in shares of ProShares Nasdaq-100 High Income ETF by 27.4% during the fourth quarter. Sanctuary Advisors LLC now owns 58,763 shares of the company’s stock worth $2,549,000 after purchasing an additional 12,640 shares during the period. JPMorgan Chase & Co. raised its holdings in ProShares Nasdaq-100 High Income ETF by 58.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,599 shares of the company’s stock valued at $1,991,000 after acquiring an additional 17,599 shares in the last quarter. Finally, PFG Investments LLC lifted its holdings in shares of ProShares Nasdaq-100 High Income ETF by 45.2% during the 4th quarter. PFG Investments LLC now owns 42,422 shares of the company’s stock worth $1,811,000 after acquiring an additional 13,201 shares during the period.

ProShares Nasdaq-100 High Income ETF Stock Down 2.4 %

Shares of IQQQ stock opened at $38.89 on Friday. The business has a fifty day simple moving average of $41.98 and a 200 day simple moving average of $42.31. The company has a market cap of $98.78 million, a P/E ratio of 31.75 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a twelve month low of $37.27 and a twelve month high of $45.21.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were issued a $0.2771 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

ProShares Nasdaq-100 High Income ETF 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.