Larson Financial Group LLC Purchases 23,950 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Larson Financial Group LLC lifted its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 1,003.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,336 shares of the exchange traded fund’s stock after purchasing an additional 23,950 shares during the quarter. Larson Financial Group LLC’s holdings in ProShares UltraPro QQQ were worth $1,909,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Family Capital Management Inc. raised its position in shares of ProShares UltraPro QQQ by 16.4% during the third quarter. Family Capital Management Inc. now owns 4,342 shares of the exchange traded fund’s stock worth $315,000 after acquiring an additional 613 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of ProShares UltraPro QQQ by 30.5% during the third quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund’s stock valued at $2,127,000 after acquiring an additional 6,857 shares in the last quarter. Paragon Advisors LLC increased its holdings in shares of ProShares UltraPro QQQ by 22.9% during the third quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after acquiring an additional 138,343 shares in the last quarter. Sheaff Brock Investment Advisors LLC increased its holdings in shares of ProShares UltraPro QQQ by 0.6% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock valued at $1,890,000 after acquiring an additional 158 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in ProShares UltraPro QQQ by 13.4% during the third quarter. Main Street Financial Solutions LLC now owns 10,465 shares of the exchange traded fund’s stock worth $759,000 after buying an additional 1,240 shares in the last quarter.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ:TQQQ opened at $78.25 on Monday. The business has a fifty day moving average price of $73.99 and a two-hundred day moving average price of $70.23. ProShares UltraPro QQQ has a 1 year low of $41.73 and a 1 year high of $85.20.

ProShares UltraPro QQQ Increases Dividend

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

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.