PayPay Securities Corp Has $49,000 Stake in ProShares UltraPro QQQ (NASDAQ:TQQQ)

PayPay Securities Corp lessened its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 49.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 959 shares of the exchange traded fund’s stock after selling 920 shares during the period. ProShares UltraPro QQQ comprises about 2.4% of PayPay Securities Corp’s investment portfolio, making the stock its 10th largest position. PayPay Securities Corp’s holdings in ProShares UltraPro QQQ were worth $49,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Osaic Holdings Inc. increased its stake in ProShares UltraPro QQQ by 155,339.5% during the second quarter. Osaic Holdings Inc. now owns 1,977,190 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 1,975,918 shares during the last quarter. Paragon Advisors LLC increased its stake in ProShares UltraPro QQQ by 1.4% during the third quarter. Paragon Advisors LLC now owns 1,429,621 shares of the exchange traded fund’s stock valued at $50,923,000 after purchasing an additional 19,548 shares during the last quarter. Jane Street Group LLC increased its stake in ProShares UltraPro QQQ by 406.8% during the fourth quarter. Jane Street Group LLC now owns 1,349,230 shares of the exchange traded fund’s stock valued at $23,342,000 after purchasing an additional 1,082,994 shares during the last quarter. Jump Financial LLC increased its stake in ProShares UltraPro QQQ by 285.6% during the third quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock valued at $34,310,000 after purchasing an additional 713,425 shares during the last quarter. Finally, Prosperity Wealth Management Inc. increased its stake in ProShares UltraPro QQQ by 2.3% during the third quarter. Prosperity Wealth Management Inc. now owns 934,131 shares of the exchange traded fund’s stock valued at $33,274,000 after purchasing an additional 21,389 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 2.5 %

TQQQ stock traded down $1.42 during trading on Wednesday, hitting $54.36. 55,589,170 shares of the company’s stock traded hands, compared to its average volume of 72,924,719. ProShares UltraPro QQQ has a 52 week low of $25.17 and a 52 week high of $64.13. The stock has a fifty day moving average price of $59.78 and a two-hundred day moving average price of $50.05.

ProShares UltraPro QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.2151 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

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.