ProShares UltraPro QQQ (NASDAQ:TQQQ) Holdings Lifted by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. increased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 2.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,656 shares of the exchange traded fund’s stock after acquiring an additional 132 shares during the quarter. Hanseatic Management Services Inc.’s holdings in ProShares UltraPro QQQ were worth $368,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TQQQ. Avidian Wealth Enterprises LLC grew its stake in shares of ProShares UltraPro QQQ by 8.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 210,376 shares of the exchange traded fund’s stock worth $15,250,000 after purchasing an additional 17,017 shares during the last quarter. Oriental Harbor Investment Fund bought a new stake in ProShares UltraPro QQQ during the third quarter worth approximately $82,199,000. IMC Chicago LLC grew its position in ProShares UltraPro QQQ by 1,145.4% in the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock worth $40,656,000 after buying an additional 515,815 shares during the last quarter. HighTower Advisors LLC raised its position in shares of ProShares UltraPro QQQ by 121.2% during the third quarter. HighTower Advisors LLC now owns 12,389 shares of the exchange traded fund’s stock worth $896,000 after purchasing an additional 6,788 shares during the period. Finally, Cerity Partners LLC increased its stake in ProShares UltraPro QQQ by 30.5% in the 3rd quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund’s stock worth $2,127,000 after purchasing an additional 6,857 shares in the last quarter.

ProShares UltraPro QQQ Stock Up 4.9 %

TQQQ stock opened at $83.14 on Friday. ProShares UltraPro QQQ has a one year low of $48.80 and a one year high of $93.79. The firm has a 50-day moving average of $82.19 and a two-hundred day moving average of $74.38.

ProShares UltraPro QQQ Increases Dividend

The company 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. The ex-dividend date was Monday, December 23rd. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.