Toth Financial Advisory Corp Sells 2,433 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Toth Financial Advisory Corp trimmed its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 4.1% in the 4th quarter, HoldingsChannel reports. The fund owned 56,331 shares of the exchange traded fund’s stock after selling 2,433 shares during the quarter. Toth Financial Advisory Corp’s holdings in ProShares UltraPro QQQ were worth $4,457,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Oriental Harbor Investment Fund acquired a new position in ProShares UltraPro QQQ during the 3rd quarter valued at about $82,199,000. Paragon Advisors LLC grew its position in ProShares UltraPro QQQ by 22.9% during the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock worth $53,764,000 after purchasing an additional 138,343 shares during the period. IMC Chicago LLC grew its position in ProShares UltraPro QQQ by 1,145.4% during the 3rd quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock worth $40,656,000 after purchasing an additional 515,815 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter worth approximately $21,747,000. Finally, International Assets Investment Management LLC grew its stake in shares of ProShares UltraPro QQQ by 14,257.8% during the 3rd quarter. International Assets Investment Management LLC now owns 287,155 shares of the exchange traded fund’s stock worth $20,816,000 after purchasing an additional 285,155 shares during the period.

ProShares UltraPro QQQ Stock Performance

NASDAQ:TQQQ opened at $86.75 on Friday. ProShares UltraPro QQQ has a 52 week low of $48.80 and a 52 week high of $93.79. The stock’s 50-day moving average price is $82.78 and its 200-day moving average price is $74.61.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2754 dividend. The ex-dividend date was Monday, December 23rd. This is a boost 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.