Mill Creek Capital Advisors LLC Has $504,000 Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Mill Creek Capital Advisors LLC reduced its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 44.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,369 shares of the exchange traded fund’s stock after selling 5,035 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $504,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Summit Trail Advisors LLC acquired a new position in ProShares UltraPro QQQ in the fourth quarter worth approximately $728,000. Empowered Funds LLC acquired a new position in ProShares UltraPro QQQ during the fourth quarter worth $729,000. Clarity Wealth Advisors LLC raised its holdings in ProShares UltraPro QQQ by 3.9% during the fourth quarter. Clarity Wealth Advisors LLC now owns 9,520 shares of the exchange traded fund’s stock valued at $753,000 after buying an additional 360 shares in the last quarter. Ameliora Wealth Management Ltd. bought a new stake in shares of ProShares UltraPro QQQ during the 4th quarter worth about $391,000. Finally, James J. Burns & Company LLC bought a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at approximately $206,000.

ProShares UltraPro QQQ Stock Up 3.5 %

NASDAQ TQQQ opened at $85.64 on Tuesday. ProShares UltraPro QQQ has a 1 year low of $48.80 and a 1 year high of $93.79. The company has a fifty day simple moving average of $83.78 and a 200 day simple moving average of $75.16.

ProShares UltraPro QQQ Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.2754 per share. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.

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.