ProShares Nasdaq-100 High Income ETF $IQQQ Shares Purchased by Essex Financial Services Inc.

Essex Financial Services Inc. increased its holdings in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 210.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,755 shares of the company’s stock after acquiring an additional 16,113 shares during the period. Essex Financial Services Inc. owned approximately 0.30% of ProShares Nasdaq-100 High Income ETF worth $1,057,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IQQQ. Cary Street Partners Financial LLC boosted its holdings in ProShares Nasdaq-100 High Income ETF by 5.4% in the 4th quarter. Cary Street Partners Financial LLC now owns 6,640 shares of the company’s stock worth $295,000 after buying an additional 340 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in ProShares Nasdaq-100 High Income ETF by 441.3% in the 2nd quarter. NewEdge Advisors LLC now owns 655 shares of the company’s stock worth $27,000 after buying an additional 534 shares during the last quarter. Creative Planning boosted its holdings in ProShares Nasdaq-100 High Income ETF by 5.5% in the 3rd quarter. Creative Planning now owns 13,408 shares of the company’s stock worth $591,000 after buying an additional 695 shares during the last quarter. Aptus Capital Advisors LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF in the 3rd quarter worth about $82,000. Finally, Maia Wealth LLC boosted its holdings in ProShares Nasdaq-100 High Income ETF by 26.8% in the 3rd quarter. Maia Wealth LLC now owns 10,080 shares of the company’s stock worth $455,000 after buying an additional 2,129 shares during the last quarter.

ProShares Nasdaq-100 High Income ETF Price Performance

IQQQ opened at $51.26 on Tuesday. The company’s 50 day simple moving average is $46.09 and its two-hundred day simple moving average is $45.00. ProShares Nasdaq-100 High Income ETF has a 1-year low of $38.20 and a 1-year high of $51.42. The firm has a market capitalization of $421.36 million, a price-to-earnings ratio of 34.31 and a beta of 1.16.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, June 1st will be given a $0.243 dividend. The ex-dividend date of this dividend is Monday, June 1st.

ProShares Nasdaq-100 High Income ETF Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.