4,416 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. bought a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,416 shares of the exchange traded fund’s stock, valued at approximately $320,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. lifted its holdings in shares of ProShares UltraPro QQQ by 1.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund’s stock valued at $565,000 after buying an additional 143 shares during the period. Everhart Financial Group Inc. increased its position in ProShares UltraPro QQQ by 5.0% during the second quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund’s stock valued at $256,000 after acquiring an additional 166 shares during the last quarter. Capital Investment Advisors LLC grew its stake in shares of ProShares UltraPro QQQ by 0.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund’s stock valued at $3,196,000 after purchasing an additional 178 shares during the period. Sheaff Brock Investment Advisors LLC increased its position in shares of ProShares UltraPro QQQ by 0.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 26,282 shares of the exchange traded fund’s stock valued at $1,618,000 after purchasing an additional 187 shares during the last quarter. Finally, Lauer Wealth LLC lifted its stake in shares of ProShares UltraPro QQQ by 6.4% in the 3rd quarter. Lauer Wealth LLC now owns 4,667 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 281 shares during the period.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ TQQQ opened at $76.88 on Wednesday. ProShares UltraPro QQQ has a 12-month low of $31.58 and a 12-month high of $85.20. The firm has a 50 day moving average of $69.78 and a 200 day moving average of $67.33.

ProShares UltraPro QQQ Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.2302 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.22.

ProShares UltraPro QQQ Company Profile

(Free Report)

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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Institutional Ownership by Quarter for ProShares UltraPro QQQ (NASDAQ:TQQQ)

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