ProShares UltraPro QQQ $TQQQ Shares Acquired by Ignite Planners LLC

Ignite Planners LLC lifted its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 7.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,105 shares of the exchange traded fund’s stock after buying an additional 300 shares during the quarter. Ignite Planners LLC’s holdings in ProShares UltraPro QQQ were worth $356,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Merit Financial Group LLC raised its stake in ProShares UltraPro QQQ by 18.6% in the 1st quarter. Merit Financial Group LLC now owns 5,063 shares of the exchange traded fund’s stock valued at $290,000 after purchasing an additional 795 shares during the last quarter. IMC Chicago LLC acquired a new position in ProShares UltraPro QQQ in the 1st quarter valued at $712,000. Marshall Financial Group LLC acquired a new position in ProShares UltraPro QQQ in the 1st quarter valued at $428,000. Wealth Enhancement Advisory Services LLC raised its stake in ProShares UltraPro QQQ by 24.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 67,691 shares of the exchange traded fund’s stock valued at $3,879,000 after purchasing an additional 13,452 shares during the last quarter. Finally, PPSC Investment Service Corp raised its stake in ProShares UltraPro QQQ by 16.3% in the 1st quarter. PPSC Investment Service Corp now owns 519,345 shares of the exchange traded fund’s stock valued at $29,758,000 after purchasing an additional 72,930 shares during the last quarter.

ProShares UltraPro QQQ Stock Performance

NASDAQ TQQQ opened at $108.88 on Thursday. The business has a fifty day moving average price of $95.20 and a 200 day moving average price of $77.39. ProShares UltraPro QQQ has a one year low of $35.00 and a one year high of $109.05. The company has a market cap of $28.68 billion, a P/E ratio of 38.25 and a beta of 3.45.

ProShares UltraPro QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were paid a $0.0978 dividend. This represents a $0.39 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, September 24th.

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.