ProShares UltraPro QQQ $TQQQ Shares Sold by Allworth Financial LP

Allworth Financial LP decreased its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 95.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,170 shares of the exchange traded fund’s stock after selling 25,676 shares during the period. Allworth Financial LP’s holdings in ProShares UltraPro QQQ were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TQQQ. Integrated Wealth Concepts LLC increased its holdings in shares of ProShares UltraPro QQQ by 19.2% in the first quarter. Integrated Wealth Concepts LLC now owns 4,971 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 799 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of ProShares UltraPro QQQ by 4,237.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock valued at $29,821,000 after acquiring an additional 508,444 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of ProShares UltraPro QQQ by 30.8% in the 1st quarter. Focus Partners Wealth now owns 10,954 shares of the exchange traded fund’s stock valued at $628,000 after acquiring an additional 2,578 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of ProShares UltraPro QQQ by 11.4% in the second quarter. JPMorgan Chase & Co. now owns 19,570 shares of the exchange traded fund’s stock worth $1,624,000 after acquiring an additional 2,002 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of ProShares UltraPro QQQ by 345.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,193 shares of the exchange traded fund’s stock worth $99,000 after acquiring an additional 925 shares during the period.

ProShares UltraPro QQQ Price Performance

Shares of ProShares UltraPro QQQ stock opened at $38.78 on Friday. The stock has a market cap of $20.82 billion, a PE ratio of 38.25 and a beta of 3.46. The firm has a fifty day moving average price of $49.50 and a 200 day moving average price of $51.95. ProShares UltraPro QQQ has a 1 year low of $17.50 and a 1 year high of $60.69.

ProShares UltraPro QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a dividend of $0.0716 per share. The ex-dividend date is Wednesday, March 25th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.7%.

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.