Bouchey Financial Group Ltd Invests $208,000 in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Bouchey Financial Group Ltd purchased a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,097 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kingswood Wealth Advisors LLC boosted its stake in shares of ProShares UltraPro QQQ by 18.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 27,182 shares of the exchange traded fund’s stock worth $1,378,000 after acquiring an additional 4,233 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at $259,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at $7,033,000. Premier Path Wealth Partners LLC purchased a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at $407,000. Finally, Archford Capital Strategies LLC purchased a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at $558,000.

ProShares UltraPro QQQ Stock Down 0.1 %

Shares of TQQQ traded down $0.07 during trading hours on Wednesday, reaching $61.34. 39,984,149 shares of the stock traded hands, compared to its average volume of 73,418,180. ProShares UltraPro QQQ has a 52-week low of $24.29 and a 52-week high of $64.13. The company’s 50-day moving average price is $58.34 and its two-hundred day moving average price is $47.75.

ProShares UltraPro QQQ Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, March 27th. Investors of record on Thursday, March 21st will be paid a dividend of $0.2151 per share. The ex-dividend date is Wednesday, March 20th.

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.