TRUE Private Wealth Advisors Boosts Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

TRUE Private Wealth Advisors boosted its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 16.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,752 shares of the exchange traded fund’s stock after purchasing an additional 1,376 shares during the period. TRUE Private Wealth Advisors’ holdings in ProShares UltraPro QQQ were worth $494,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. CPR Investments Inc. lifted its holdings in shares of ProShares UltraPro QQQ by 491.6% during the fourth quarter. CPR Investments Inc. now owns 82,376 shares of the exchange traded fund’s stock valued at $4,176,000 after purchasing an additional 68,451 shares during the last quarter. CHURCHILL MANAGEMENT Corp bought a new stake in shares of ProShares UltraPro QQQ during the 4th quarter valued at $7,033,000. Bleakley Financial Group LLC bought a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth about $3,017,000. International Assets Investment Management LLC purchased a new position in ProShares UltraPro QQQ during the fourth quarter valued at approximately $5,141,000. Finally, Jump Financial LLC lifted its stake in shares of ProShares UltraPro QQQ by 285.6% during the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock valued at $34,310,000 after buying an additional 713,425 shares in the last quarter.

ProShares UltraPro QQQ Trading Down 3.7 %

ProShares UltraPro QQQ stock opened at $53.71 on Thursday. ProShares UltraPro QQQ has a 1 year low of $25.17 and a 1 year high of $64.13. The firm’s 50 day moving average price is $59.69 and its 200-day moving average price is $50.08.

ProShares UltraPro QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were paid a $0.2151 dividend. The ex-dividend date was Wednesday, March 20th.

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.