Wick Capital Partners LLC lifted its stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report) by 430.1% in the 4th quarter, Holdings Channel reports. The firm owned 87,578 shares of the company’s stock after purchasing an additional 71,056 shares during the quarter. Wick Capital Partners LLC’s holdings in ProShares Nasdaq-100 High Income ETF were worth $3,895,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC grew its position in ProShares Nasdaq-100 High Income ETF by 5.4% during the fourth quarter. Cary Street Partners Financial LLC now owns 6,640 shares of the company’s stock worth $295,000 after buying an additional 340 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of ProShares Nasdaq-100 High Income ETF by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,856 shares of the company’s stock valued at $394,000 after acquiring an additional 398 shares during the period. NewEdge Advisors LLC boosted its stake in shares of ProShares Nasdaq-100 High Income ETF by 441.3% during the 2nd quarter. NewEdge Advisors LLC now owns 655 shares of the company’s stock worth $27,000 after acquiring an additional 534 shares in the last quarter. Creative Planning boosted its stake in shares of ProShares Nasdaq-100 High Income ETF by 5.5% during the 3rd quarter. Creative Planning now owns 13,408 shares of the company’s stock worth $591,000 after acquiring an additional 695 shares in the last quarter. Finally, &PARTNERS grew its holdings in shares of ProShares Nasdaq-100 High Income ETF by 7.1% in the 4th quarter. &PARTNERS now owns 18,366 shares of the company’s stock worth $817,000 after acquiring an additional 1,214 shares during the period.
ProShares Nasdaq-100 High Income ETF Price Performance
NASDAQ IQQQ opened at $50.92 on Friday. ProShares Nasdaq-100 High Income ETF has a 1-year low of $38.80 and a 1-year high of $51.66. The company has a market capitalization of $418.56 million, a P/E ratio of 34.31 and a beta of 1.20. The business has a 50 day moving average price of $48.19 and a 200 day moving average price of $45.55.
ProShares Nasdaq-100 High Income ETF Cuts Dividend
ProShares Nasdaq-100 High Income ETF Company Profile
The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.
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