4,606 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 4,606 shares of the exchange traded fund’s stock, valued at approximately $364,000.

A number of other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of ProShares UltraPro QQQ by 55.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,951 shares of the exchange traded fund’s stock worth $1,229,000 after acquiring an additional 6,039 shares during the period. HBW Advisory Services LLC purchased a new position in ProShares UltraPro QQQ during the fourth quarter worth approximately $244,000. Brookstone Capital Management boosted its holdings in shares of ProShares UltraPro QQQ by 86.1% in the 4th quarter. Brookstone Capital Management now owns 11,258 shares of the exchange traded fund’s stock valued at $891,000 after purchasing an additional 5,209 shares during the last quarter. BCS Wealth Management purchased a new stake in shares of ProShares UltraPro QQQ during the 4th quarter valued at $236,000. Finally, Dale Q Rice Investment Management Ltd purchased a new stake in shares of ProShares UltraPro QQQ during the 4th quarter valued at $638,000.

ProShares UltraPro QQQ Trading Down 0.2 %

Shares of TQQQ opened at $58.99 on Friday. ProShares UltraPro QQQ has a twelve month low of $35.00 and a twelve month high of $93.79. The firm has a market capitalization of $22.84 billion, a P/E ratio of 27.46 and a beta of 3.45. The stock’s fifty day simple moving average is $55.28 and its 200 day simple moving average is $72.46.

ProShares UltraPro QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.1977 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.34%.

About ProShares UltraPro QQQ

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.