Koshinski Asset Management Inc. boosted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 125.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,026 shares of the exchange traded fund's stock after purchasing an additional 8,364 shares during the quarter. Koshinski Asset Management Inc.'s holdings in ProShares UltraPro QQQ were worth $1,189,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new position in shares of ProShares UltraPro QQQ during the third quarter valued at $32,000. Signaturefd LLC lifted its stake in ProShares UltraPro QQQ by 153.8% during the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund's stock valued at $78,000 after acquiring an additional 655 shares during the period. Farther Finance Advisors LLC grew its stake in shares of ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund's stock worth $112,000 after acquiring an additional 1,082 shares during the period. Carnegie Investment Counsel purchased a new position in shares of ProShares UltraPro QQQ during the fourth quarter valued at approximately $214,000. Finally, Ironwood Wealth Management LLC. bought a new position in ProShares UltraPro QQQ during the second quarter valued at approximately $236,000.
NASDAQ:TQQQ opened at $84.53 on Wednesday. ProShares UltraPro QQQ has a 12 month low of $48.80 and a 12 month high of $93.79. The company has a 50 day simple moving average of $82.24 and a two-hundred day simple moving average of $74.39.
The company 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. This is an increase from ProShares UltraPro QQQ's previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.
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.
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