ProShares UltraPro QQQ (NASDAQ:TQQQ) Position Trimmed by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC reduced its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 14.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 179,734 shares of the exchange traded fund’s stock after selling 30,642 shares during the quarter. Avidian Wealth Enterprises LLC owned approximately 0.06% of ProShares UltraPro QQQ worth $14,222,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Oriental Harbor Investment Fund bought a new position in shares of ProShares UltraPro QQQ in the third quarter worth $82,199,000. Paragon Advisors LLC lifted its holdings in ProShares UltraPro QQQ by 22.9% in the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after acquiring an additional 138,343 shares during the last quarter. IMC Chicago LLC increased its stake in ProShares UltraPro QQQ by 1,145.4% in the 3rd 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 in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of ProShares UltraPro QQQ in the third quarter worth about $21,747,000. Finally, International Assets Investment Management LLC grew its holdings in shares of ProShares UltraPro QQQ by 14,257.8% during the third 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 in the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of NASDAQ:TQQQ opened at $85.03 on Wednesday. The firm has a fifty day moving average of $83.82 and a two-hundred day moving average of $75.30. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.2754 per share. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.

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.