CreativeOne Wealth LLC Purchases 9,969 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

CreativeOne Wealth LLC lifted its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 144.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,848 shares of the exchange traded fund’s stock after purchasing an additional 9,969 shares during the quarter. CreativeOne Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $1,037,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sandy Spring Bank increased its holdings in shares of ProShares UltraPro QQQ by 1,113.0% in the fourth quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 512 shares during the last quarter. Signature Resources Capital Management LLC bought a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth about $29,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of ProShares UltraPro QQQ in the first quarter worth about $37,000. Westend Capital Management LLC bought a new stake in shares of ProShares UltraPro QQQ in the first quarter worth about $48,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth about $51,000.

ProShares UltraPro QQQ Trading Up 2.9 %

NASDAQ TQQQ traded up $1.81 during trading hours on Friday, hitting $65.08. 68,703,452 shares of the company were exchanged, compared to its average volume of 63,452,590. The stock has a 50-day moving average price of $72.04 and a 200 day moving average price of $62.58. ProShares UltraPro QQQ has a 52 week low of $30.47 and a 52 week high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Wednesday, June 26th were paid a dividend of $0.2828 per share. This is a boost from ProShares UltraPro QQQ’s previous quarterly dividend of $0.22. This represents a $1.13 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend was Wednesday, June 26th.

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.