CoreCap Advisors LLC Sells 4,793 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

CoreCap Advisors LLC cut its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 52.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,412 shares of the exchange traded fund’s stock after selling 4,793 shares during the period. CoreCap Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TQQQ. National Bank of Canada FI lifted its holdings in ProShares UltraPro QQQ by 9,910.0% during the third quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 991 shares in the last quarter. Impact Partnership Wealth LLC bought a new position in ProShares UltraPro QQQ during the third quarter worth about $43,000. Royal Bank of Canada raised its stake in shares of ProShares UltraPro QQQ by 79.1% in the 2nd quarter. Royal Bank of Canada now owns 1,107 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 489 shares during the period. FMR LLC boosted its position in shares of ProShares UltraPro QQQ by 41,566.7% during the third quarter. FMR LLC now owns 1,250 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 1,247 shares during the period. Finally, BluePath Capital Management LLC acquired a new position in shares of ProShares UltraPro QQQ during the third quarter worth about $47,000.

ProShares UltraPro QQQ Stock Up 0.9 %

TQQQ stock opened at $61.95 on Thursday. The business has a 50-day moving average of $58.59 and a 200-day moving average of $47.85. ProShares UltraPro QQQ has a fifty-two week low of $24.29 and a fifty-two week high of $64.13.

ProShares UltraPro QQQ Dividend Announcement

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

About ProShares UltraPro QQQ

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.