ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Bought by World Equity Group Inc.

World Equity Group Inc. raised its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 35.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,016 shares of the exchange traded fund’s stock after buying an additional 12,616 shares during the quarter. World Equity Group Inc.’s holdings in ProShares UltraPro QQQ were worth $3,800,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TQQQ. Oriental Harbor Investment Fund purchased a new stake in ProShares UltraPro QQQ during the third quarter worth about $82,199,000. Paragon Advisors LLC increased its stake in ProShares UltraPro QQQ by 22.9% during the third quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock worth $53,764,000 after purchasing an additional 138,343 shares during the period. IMC Chicago LLC increased its stake 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. PPSC Investment Service Corp increased its stake in ProShares UltraPro QQQ by 17.5% during the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund’s stock worth $35,325,000 after purchasing an additional 66,582 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in ProShares UltraPro QQQ during the third quarter worth about $21,747,000.

ProShares UltraPro QQQ Trading Down 6.3 %

Shares of NASDAQ:TQQQ opened at $83.71 on Friday. The firm’s 50-day moving average is $84.04 and its two-hundred day moving average is $76.74. 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 declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, December 23rd. This is a positive change 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.