Thoroughbred Financial Services LLC Acquires New Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Thoroughbred Financial Services LLC acquired a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, Holdings Channel.com reports. The fund acquired 7,471 shares of the exchange traded fund’s stock, valued at approximately $378,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Flagstar Advisors Inc. boosted its position in ProShares UltraPro QQQ by 0.4% during the 4th quarter. Flagstar Advisors Inc. now owns 53,439 shares of the exchange traded fund’s stock worth $2,709,000 after acquiring an additional 233 shares during the last quarter. Wealthspire Advisors LLC boosted its position in ProShares UltraPro QQQ by 3.8% during the 4th quarter. Wealthspire Advisors LLC now owns 7,569 shares of the exchange traded fund’s stock worth $384,000 after acquiring an additional 279 shares during the last quarter. Millington Financial Advisors LLC boosted its position in ProShares UltraPro QQQ by 2.3% during the 4th quarter. Millington Financial Advisors LLC now owns 18,148 shares of the exchange traded fund’s stock worth $920,000 after acquiring an additional 412 shares during the last quarter. Signaturefd LLC boosted its position in ProShares UltraPro QQQ by 9.6% during the 4th quarter. Signaturefd LLC now owns 4,798 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 422 shares during the last quarter. Finally, Sandy Spring Bank boosted its holdings in shares of ProShares UltraPro QQQ by 1,113.0% in the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 512 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $64.53 on Thursday. ProShares UltraPro QQQ has a 12 month low of $29.77 and a 12 month high of $65.00. The stock has a 50 day moving average of $58.66 and a 200-day moving average of $53.87.

ProShares UltraPro QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a $0.2151 dividend. The ex-dividend date was 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.