Horizon Kinetics Asset Management LLC Acquires 474 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Horizon Kinetics Asset Management LLC increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 7.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 7,101 shares of the exchange traded fund’s stock after acquiring an additional 474 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in ProShares UltraPro QQQ were worth $515,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Physician Wealth Advisors Inc. boosted its holdings in shares of ProShares UltraPro QQQ by 1.9% in the third quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund’s stock valued at $565,000 after purchasing an additional 143 shares during the period. Sheaff Brock Investment Advisors LLC grew its position in shares of ProShares UltraPro QQQ by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock worth $1,890,000 after buying an additional 158 shares in the last quarter. Everhart Financial Group Inc. increased its stake in shares of ProShares UltraPro QQQ by 5.0% during the second quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund’s stock valued at $256,000 after buying an additional 166 shares during the period. Capital Investment Advisors LLC raised its holdings in shares of ProShares UltraPro QQQ by 0.4% in the third quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund’s stock valued at $3,196,000 after acquiring an additional 178 shares in the last quarter. Finally, Golden State Equity Partners lifted its stake in ProShares UltraPro QQQ by 5.2% in the third quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund’s stock worth $303,000 after acquiring an additional 205 shares during the period.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $78.61 on Tuesday. ProShares UltraPro QQQ has a one year low of $41.73 and a one year high of $85.20. The company’s 50-day simple moving average is $74.23 and its two-hundred day simple moving average is $70.36.

ProShares UltraPro QQQ Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued 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 of this dividend was Wednesday, September 25th.

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.