Hanseatic Management Services Inc. Purchases 335 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Hanseatic Management Services Inc. raised its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 8.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,524 shares of the exchange traded fund’s stock after acquiring an additional 335 shares during the period. Hanseatic Management Services Inc.’s holdings in ProShares UltraPro QQQ were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TQQQ. Turim 21 Investimentos Ltda. boosted its stake in ProShares UltraPro QQQ by 98.5% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 330 shares during the period. Hantz Financial Services Inc. bought a new stake in shares of ProShares UltraPro QQQ in the second quarter valued at approximately $68,000. Signaturefd LLC increased its position in ProShares UltraPro QQQ by 153.8% during the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after acquiring an additional 655 shares during the period. Farther Finance Advisors LLC raised its stake in ProShares UltraPro QQQ by 235.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock valued at $112,000 after purchasing an additional 1,082 shares during the last quarter. Finally, Fairfield Financial Advisors LTD bought a new stake in ProShares UltraPro QQQ in the 2nd quarter valued at $117,000.

ProShares UltraPro QQQ Stock Performance

NASDAQ:TQQQ opened at $78.86 on Thursday. The firm’s 50-day moving average is $70.23 and its 200-day moving average is $68.05. ProShares UltraPro QQQ has a 52-week low of $37.97 and a 52-week high of $85.20.

ProShares UltraPro QQQ Increases Dividend

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

ProShares UltraPro QQQ Company 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.