ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 1,003.8% during the third quarter, Holdings Channel.com reports. The fund owned 26,336 shares of the exchange traded fund’s stock after buying an additional 23,950 shares during the period. Larson Financial Group LLC’s holdings in ProShares UltraPro QQQ were worth $1,909,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Turim 21 Investimentos Ltda. lifted its stake in ProShares UltraPro QQQ by 98.5% in the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 330 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in shares of ProShares UltraPro QQQ during the second quarter worth $68,000. Signaturefd LLC grew its stake in shares of ProShares UltraPro QQQ by 153.8% during the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 655 shares in the last quarter. Farther Finance Advisors LLC lifted its position in ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock valued at $112,000 after acquiring an additional 1,082 shares during the last quarter. Finally, Fairfield Financial Advisors LTD purchased a new stake in ProShares UltraPro QQQ in the second quarter valued at $117,000.

ProShares UltraPro QQQ Stock Up 0.4 %

Shares of NASDAQ:TQQQ opened at $78.25 on Monday. The company has a 50-day simple moving average of $73.99 and a 200-day simple moving average of $70.23. ProShares UltraPro QQQ has a one year low of $41.73 and a one year high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were issued a $0.2302 dividend. The ex-dividend date was Wednesday, September 25th. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.22.

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.