Silverleafe Capital Partners LLC Buys 1,700 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Silverleafe Capital Partners LLC boosted its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 48.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,200 shares of the exchange traded fund’s stock after buying an additional 1,700 shares during the period. Silverleafe Capital Partners LLC’s holdings in ProShares UltraPro QQQ were worth $412,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TQQQ. JPMorgan Chase & Co. increased its holdings in shares of ProShares UltraPro QQQ by 55.3% during the third quarter. JPMorgan Chase & Co. now owns 16,951 shares of the exchange traded fund’s stock valued at $1,229,000 after acquiring an additional 6,039 shares in the last quarter. Oriental Harbor Investment Fund acquired a new position in ProShares UltraPro QQQ during the third quarter worth $82,199,000. Tidal Investments LLC bought a new position in shares of ProShares UltraPro QQQ in the third quarter valued at $11,598,000. World Investment Advisors LLC grew its holdings in shares of ProShares UltraPro QQQ by 11.8% during the third quarter. World Investment Advisors LLC now owns 15,987 shares of the exchange traded fund’s stock valued at $1,159,000 after buying an additional 1,684 shares during the last quarter. Finally, Discipline Wealth Solutions LLC bought a new stake in shares of ProShares UltraPro QQQ during the third quarter worth about $1,698,000.

ProShares UltraPro QQQ Price Performance

TQQQ stock traded up $3.05 during mid-day trading on Monday, reaching $85.45. 28,975,410 shares of the company traded hands, compared to its average volume of 47,637,262. ProShares UltraPro QQQ has a fifty-two week low of $46.33 and a fifty-two week high of $93.79. The firm’s 50 day moving average price is $81.30 and its 200 day moving average price is $74.00.

ProShares UltraPro QQQ Increases Dividend

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

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.