ProShares UltraPro QQQ $TQQQ Holdings Lifted by Clear Investment Research LLC

Clear Investment Research LLC boosted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 128.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,652 shares of the exchange traded fund’s stock after buying an additional 1,490 shares during the quarter. Clear Investment Research LLC’s holdings in ProShares UltraPro QQQ were worth $220,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new stake in ProShares UltraPro QQQ during the second quarter valued at approximately $395,951,000. Howard Capital Management Inc. lifted its stake in ProShares UltraPro QQQ by 1,071.0% during the second quarter. Howard Capital Management Inc. now owns 4,855,196 shares of the exchange traded fund’s stock valued at $404,067,000 after purchasing an additional 4,440,578 shares during the last quarter. IMC Chicago LLC lifted its stake in ProShares UltraPro QQQ by 9,296.8% during the second quarter. IMC Chicago LLC now owns 1,168,112 shares of the exchange traded fund’s stock valued at $96,953,000 after purchasing an additional 1,155,681 shares during the last quarter. Jump Financial LLC acquired a new stake in ProShares UltraPro QQQ during the first quarter valued at approximately $53,458,000. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in ProShares UltraPro QQQ during the second quarter valued at approximately $54,068,000.

ProShares UltraPro QQQ Price Performance

TQQQ stock opened at $115.09 on Friday. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $121.37. The firm has a market cap of $30.29 billion, a PE ratio of 38.25 and a beta of 3.46. The firm has a 50 day simple moving average of $100.96 and a 200 day simple moving average of $83.66.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were paid a dividend of $0.0978 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.39 annualized dividend and a yield of 0.3%.

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.