Ashton Thomas Private Wealth LLC Boosts Stake in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Ashton Thomas Private Wealth LLC increased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 22.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 100,741 shares of the exchange traded fund’s stock after buying an additional 18,578 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $7,437,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Quotient Wealth Partners LLC acquired a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at $585,000. Innova Wealth Partners grew its holdings in shares of ProShares UltraPro QQQ by 32.8% during the fourth quarter. Innova Wealth Partners now owns 9,921 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 2,450 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at about $361,000. WMG Financial Advisors LLC purchased a new stake in ProShares UltraPro QQQ during the 4th quarter valued at approximately $222,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in ProShares UltraPro QQQ during the 4th quarter valued at approximately $1,323,000.

ProShares UltraPro QQQ Trading Down 8.1 %

Shares of TQQQ stock opened at $56.99 on Monday. The business’s 50 day moving average is $68.97 and its two-hundred day moving average is $64.61. ProShares UltraPro QQQ has a twelve month low of $30.47 and a twelve month high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were given a $0.2828 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 1.98%. This is a positive change from ProShares UltraPro QQQ’s previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, June 26th.

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.