ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Barclays PLC

Barclays PLC reduced its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 96.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500 shares of the exchange traded fund’s stock after selling 14,753 shares during the period. Barclays PLC’s holdings in ProShares UltraPro QQQ were worth $36,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Paragon Advisors LLC increased its position in ProShares UltraPro QQQ by 22.9% during the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after buying an additional 138,343 shares in the last quarter. IMC Chicago LLC increased its holdings in shares of ProShares UltraPro QQQ by 1,145.4% in the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock valued at $40,656,000 after purchasing an additional 515,815 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of ProShares UltraPro QQQ in the third quarter valued at about $21,747,000. International Assets Investment Management LLC increased its holdings in shares of ProShares UltraPro QQQ by 14,257.8% in the third quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund’s stock valued at $20,816,000 after purchasing an additional 285,155 shares during the period. Finally, Avidian Wealth Enterprises LLC increased its holdings in shares of ProShares UltraPro QQQ by 8.8% in the third quarter. Avidian Wealth Enterprises LLC now owns 210,376 shares of the exchange traded fund’s stock valued at $15,250,000 after purchasing an additional 17,017 shares during the period.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock opened at $76.83 on Friday. The stock’s 50-day simple moving average is $81.91 and its 200-day simple moving average is $74.21. ProShares UltraPro QQQ has a fifty-two week low of $47.87 and a fifty-two week high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.