Erickson Financial Group LLC Raises Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Erickson Financial Group LLC lifted its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,479 shares of the exchange traded fund’s stock after buying an additional 250 shares during the quarter. ProShares UltraPro QQQ makes up 0.5% of Erickson Financial Group LLC’s holdings, making the stock its 15th largest position. Erickson Financial Group LLC’s holdings in ProShares UltraPro QQQ were worth $671,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. RPg Family Wealth Advisory LLC purchased a new position in ProShares UltraPro QQQ during the third quarter worth approximately $32,000. PayPay Securities Corp raised its holdings in shares of ProShares UltraPro QQQ by 119.3% in the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 272 shares in the last quarter. Signaturefd LLC lifted its position in ProShares UltraPro QQQ by 153.8% in the third 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 last quarter. Farther Finance Advisors LLC grew its position in shares of ProShares UltraPro QQQ by 235.7% during 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 last quarter. Finally, James J. Burns & Company LLC acquired a new stake in ProShares UltraPro QQQ during the 4th quarter worth approximately $206,000.

ProShares UltraPro QQQ Trading Up 1.2 %

TQQQ stock opened at $89.83 on Friday. The firm has a 50 day moving average of $83.90 and a 200-day moving average of $75.72. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.2754 dividend. The ex-dividend date was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23.

ProShares UltraPro QQQ Profile

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.