ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Bought by WMG Financial Advisors LLC

WMG Financial Advisors LLC grew its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 18.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,856 shares of the exchange traded fund’s stock after purchasing an additional 772 shares during the period. WMG Financial Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $384,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of ProShares UltraPro QQQ by 235.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock worth $112,000 after acquiring an additional 1,082 shares during the period. Ground Swell Capital LLC purchased a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth about $695,000. World Equity Group Inc. purchased a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth about $2,566,000. Avidian Wealth Enterprises LLC lifted its holdings in shares of ProShares UltraPro QQQ by 8.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 210,376 shares of the exchange traded fund’s stock worth $15,250,000 after acquiring an additional 17,017 shares during the period. Finally, Socha Financial Group LLC purchased a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth about $286,000.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock opened at $70.08 on Tuesday. The firm has a market cap of $21.52 billion, a P/E ratio of 30.83 and a beta of 3.45. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79. The firm’s 50-day simple moving average is $82.78 and its 200-day simple moving average is $77.47.

ProShares UltraPro QQQ Increases Dividend

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

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.