X Square Capital LLC Grows Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

X Square Capital LLC increased its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 57.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,500 shares of the exchange traded fund’s stock after acquiring an additional 2,000 shares during the period. X Square Capital LLC’s holdings in ProShares UltraPro QQQ were worth $435,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of ProShares UltraPro QQQ during the third quarter worth approximately $32,000. PayPay Securities Corp grew its position in ProShares UltraPro QQQ by 119.3% during the fourth quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 272 shares during the period. Clear Investment Research LLC increased its stake in shares of ProShares UltraPro QQQ by 83.3% during the 4th quarter. Clear Investment Research LLC now owns 1,054 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 479 shares in the last quarter. Beacon Capital Management LLC purchased a new position in shares of ProShares UltraPro QQQ during the fourth quarter valued at approximately $109,000. Finally, James J. Burns & Company LLC acquired a new stake in shares of ProShares UltraPro QQQ during the 4th quarter worth $206,000.

ProShares UltraPro QQQ Price Performance

ProShares UltraPro QQQ stock opened at $62.30 on Friday. The company has a market capitalization of $19.13 billion, a price-to-earnings ratio of 26.02 and a beta of 3.45. The firm’s fifty day moving average price is $76.31 and its 200 day moving average price is $76.89. ProShares UltraPro QQQ has a 12-month low of $48.80 and a 12-month high of $93.79.

ProShares UltraPro QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.1977 per share. The ex-dividend date is Wednesday, March 26th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.27%.

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.