ProShares Nasdaq-100 High Income ETF $IQQQ Shares Acquired by Osaic Holdings Inc.

Osaic Holdings Inc. boosted its stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 4,043.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,195 shares of the company’s stock after buying an additional 38,249 shares during the period. Osaic Holdings Inc.’s holdings in ProShares Nasdaq-100 High Income ETF were worth $1,603,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. lifted its stake in shares of ProShares Nasdaq-100 High Income ETF by 15.0% in the 1st quarter. Raymond James Financial Inc. now owns 82,676 shares of the company’s stock worth $3,212,000 after acquiring an additional 10,773 shares during the period. Royal Bank of Canada lifted its position in ProShares Nasdaq-100 High Income ETF by 163.0% in the first quarter. Royal Bank of Canada now owns 140,046 shares of the company’s stock worth $5,441,000 after purchasing an additional 86,794 shares during the period. Integrated Wealth Concepts LLC boosted its stake in ProShares Nasdaq-100 High Income ETF by 95.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 18,635 shares of the company’s stock valued at $724,000 after purchasing an additional 9,121 shares in the last quarter. Focus Partners Wealth increased its position in shares of ProShares Nasdaq-100 High Income ETF by 57.1% during the 1st quarter. Focus Partners Wealth now owns 11,000 shares of the company’s stock valued at $427,000 after purchasing an additional 4,000 shares during the period. Finally, City Center Advisors LLC increased its position in shares of ProShares Nasdaq-100 High Income ETF by 10.6% during the 2nd quarter. City Center Advisors LLC now owns 5,912 shares of the company’s stock valued at $242,000 after purchasing an additional 566 shares during the period.

ProShares Nasdaq-100 High Income ETF Stock Down 0.2%

Shares of ProShares Nasdaq-100 High Income ETF stock opened at $44.84 on Wednesday. The business has a fifty day simple moving average of $44.84 and a 200-day simple moving average of $43.09. ProShares Nasdaq-100 High Income ETF has a fifty-two week low of $33.00 and a fifty-two week high of $46.72. The firm has a market cap of $297.29 million, a price-to-earnings ratio of 34.31 and a beta of 1.09.

About ProShares Nasdaq-100 High Income ETF

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.