Optiver Holding B.V. Sells 19,972 Shares of ProShares UltraPro QQQ $TQQQ

Optiver Holding B.V. decreased its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 54.8% in the third quarter, Holdings Channel reports. The fund owned 16,495 shares of the exchange traded fund’s stock after selling 19,972 shares during the quarter. Optiver Holding B.V.’s holdings in ProShares UltraPro QQQ were worth $1,706,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TQQQ. WFA of San Diego LLC purchased a new position in shares of ProShares UltraPro QQQ in the 2nd quarter worth approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in ProShares UltraPro QQQ in the second quarter worth $30,000. Edmond DE Rothschild Holding S.A. bought a new stake in ProShares UltraPro QQQ in the second quarter worth $42,000. Halbert Hargrove Global Advisors LLC purchased a new position in ProShares UltraPro QQQ during the third quarter worth $44,000. Finally, Atlantic Union Bankshares Corp bought a new position in ProShares UltraPro QQQ during the second quarter valued at $47,000.

ProShares UltraPro QQQ Trading Up 4.2%

Shares of TQQQ opened at $51.87 on Thursday. The company’s fifty day simple moving average is $52.80 and its 200-day simple moving average is $51.76. The company has a market cap of $27.84 billion, a P/E ratio of 38.25 and a beta of 3.46. ProShares UltraPro QQQ has a twelve month low of $17.50 and a twelve month high of $60.69.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 24th were paid a $0.0855 dividend. The ex-dividend date of this dividend was Wednesday, December 24th. This is an increase from ProShares UltraPro QQQ’s previous quarterly dividend of $0.05. This represents a $0.34 annualized dividend and a yield of 0.7%.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.