International Assets Investment Management LLC Buys New Stake in ProShares UltraPro QQQ (NASDAQ:TQQQ)

International Assets Investment Management LLC purchased a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 101,400 shares of the exchange traded fund’s stock, valued at approximately $5,141,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Flagstar Advisors Inc. raised its holdings in ProShares UltraPro QQQ by 0.4% in the 4th quarter. Flagstar Advisors Inc. now owns 53,439 shares of the exchange traded fund’s stock valued at $2,709,000 after acquiring an additional 233 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in ProShares UltraPro QQQ in the fourth quarter valued at $51,000. Physician Wealth Advisors Inc. lifted its position in ProShares UltraPro QQQ by 20.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 7,373 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 1,234 shares during the period. Exencial Wealth Advisors LLC boosted its stake in ProShares UltraPro QQQ by 10.8% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 14,540 shares of the exchange traded fund’s stock worth $518,000 after buying an additional 1,419 shares during the last quarter. Finally, Clarity Wealth Advisors LLC grew its holdings in ProShares UltraPro QQQ by 14.0% in the 4th quarter. Clarity Wealth Advisors LLC now owns 12,210 shares of the exchange traded fund’s stock valued at $619,000 after buying an additional 1,500 shares during the period.

ProShares UltraPro QQQ Stock Down 0.2 %

NASDAQ TQQQ opened at $58.45 on Thursday. ProShares UltraPro QQQ has a 12 month low of $27.81 and a 12 month high of $64.13. The company has a 50-day moving average of $58.43 and a 200-day moving average of $51.89.

ProShares UltraPro QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were given a dividend of $0.2151 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

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.