Kingswood Wealth Advisors LLC Buys Shares of 13,556 ProShares UltraPro QQQ (NASDAQ:TQQQ)

Kingswood Wealth Advisors LLC bought a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 13,556 shares of the exchange traded fund’s stock, valued at approximately $1,073,000.

Other hedge funds have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of ProShares UltraPro QQQ during the third quarter worth about $32,000. Signaturefd LLC grew its holdings in shares of 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 buying an additional 655 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of ProShares UltraPro QQQ by 235.7% during the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock worth $112,000 after buying an additional 1,082 shares in the last quarter. Carnegie Investment Counsel purchased a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth about $214,000. Finally, Ironwood Wealth Management LLC. purchased a new stake in shares of ProShares UltraPro QQQ during the second quarter worth about $236,000.

ProShares UltraPro QQQ Trading Up 4.4 %

Shares of NASDAQ TQQQ opened at $82.65 on Wednesday. The company has a 50-day simple moving average of $82.95 and a 200-day simple moving average of $74.50. ProShares UltraPro QQQ has a 12 month low of $48.80 and a 12 month high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.