ProShares UltraPro QQQ $TQQQ Shares Bought by Advyzon Investment Management LLC

Advyzon Investment Management LLC grew its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 145.6% during the third quarter, HoldingsChannel.com reports. The fund owned 45,678 shares of the exchange traded fund’s stock after purchasing an additional 27,081 shares during the quarter. ProShares UltraPro QQQ makes up about 0.8% of Advyzon Investment Management LLC’s portfolio, making the stock its 24th biggest holding. Advyzon Investment Management LLC’s holdings in ProShares UltraPro QQQ were worth $4,723,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. WFA of San Diego LLC purchased a new position in ProShares UltraPro QQQ in the second quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of ProShares UltraPro QQQ in the second quarter valued at about $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at about $44,000. Edmond DE Rothschild Holding S.A. purchased a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter valued at about $42,000. Finally, Atlantic Union Bankshares Corp acquired a new position in ProShares UltraPro QQQ during the 2nd quarter worth approximately $47,000.

ProShares UltraPro QQQ Stock Up 2.5%

Shares of NASDAQ:TQQQ opened at $50.06 on Friday. ProShares UltraPro QQQ has a 52-week low of $17.50 and a 52-week high of $60.69. The company has a 50 day moving average of $52.88 and a two-hundred day moving average of $51.60. The company has a market capitalization of $26.87 billion, a price-to-earnings ratio of 38.25 and a beta of 3.46.

ProShares UltraPro QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were issued a dividend of $0.0855 per share. This represents a $0.34 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, December 24th. This is a positive change from ProShares UltraPro QQQ’s previous quarterly dividend of $0.05.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.