Mayflower Financial Advisors LLC Takes $249,000 Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Mayflower Financial Advisors LLC purchased a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,145 shares of the exchange traded fund’s stock, valued at approximately $249,000.

Other large investors have also added to or reduced their stakes in the company. Oriental Harbor Investment Fund bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at $82,199,000. Paragon Advisors LLC raised its stake in ProShares UltraPro QQQ by 22.9% in the third quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after purchasing an additional 138,343 shares in the last quarter. IMC Chicago LLC lifted its position in ProShares UltraPro QQQ by 1,145.4% during the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock worth $40,656,000 after purchasing an additional 515,815 shares during the period. BNP Paribas Financial Markets acquired a new stake in ProShares UltraPro QQQ during the third quarter worth about $21,747,000. Finally, International Assets Investment Management LLC increased its holdings in ProShares UltraPro QQQ by 14,257.8% in the 3rd quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund’s stock valued at $20,816,000 after buying an additional 285,155 shares during the period.

ProShares UltraPro QQQ Stock Down 0.6 %

Shares of ProShares UltraPro QQQ stock opened at $82.14 on Thursday. The company has a 50 day moving average of $83.05 and a 200-day moving average of $74.55. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.