World Investment Advisors LLC Buys 1,684 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

World Investment Advisors LLC lifted its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 11.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,987 shares of the exchange traded fund’s stock after acquiring an additional 1,684 shares during the period. World Investment Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $1,159,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. RPg Family Wealth Advisory LLC acquired a new stake in ProShares UltraPro QQQ in the third quarter valued at approximately $32,000. Turim 21 Investimentos Ltda. grew its stake in ProShares UltraPro QQQ by 98.5% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock worth $49,000 after buying an additional 330 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in ProShares UltraPro QQQ during the 2nd quarter valued at about $68,000. Signaturefd LLC boosted its holdings in ProShares UltraPro QQQ by 153.8% in the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after acquiring an additional 655 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings 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 worth $112,000 after acquiring an additional 1,082 shares in the last quarter.

ProShares UltraPro QQQ Stock Performance

TQQQ opened at $89.40 on Monday. The firm’s 50-day moving average price is $78.08 and its 200-day moving average price is $72.41. ProShares UltraPro QQQ has a 52-week low of $45.47 and a 52-week high of $90.77.

ProShares UltraPro QQQ Increases Dividend

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

ProShares UltraPro QQQ 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.