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

X Square Capital LLC decreased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 36.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,500 shares of the exchange traded fund’s stock after selling 2,000 shares during the period. X Square Capital LLC’s holdings in ProShares UltraPro QQQ were worth $254,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in ProShares UltraPro QQQ by 444.5% during the 1st quarter. Jane Street Group LLC now owns 10,280,259 shares of the exchange traded fund’s stock worth $632,853,000 after buying an additional 8,392,312 shares during the period. Flow Traders U.S. LLC increased its stake in ProShares UltraPro QQQ by 433.9% during the 1st quarter. Flow Traders U.S. LLC now owns 1,532,199 shares of the exchange traded fund’s stock worth $94,322,000 after buying an additional 1,245,229 shares during the period. Howard Capital Management Inc. grew its holdings in ProShares UltraPro QQQ by 7.1% during the 2nd quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund’s stock worth $27,929,000 after acquiring an additional 25,087 shares in the last quarter. International Assets Investment Management LLC grew its holdings in 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 acquiring an additional 285,155 shares in the last quarter. Finally, Avidian Wealth Solutions LLC grew its holdings in ProShares UltraPro QQQ by 10.7% during the 1st quarter. Avidian Wealth Solutions LLC now owns 177,959 shares of the exchange traded fund’s stock worth $10,955,000 after acquiring an additional 17,245 shares in the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock opened at $71.79 on Thursday. ProShares UltraPro QQQ has a 1-year low of $30.47 and a 1-year high of $85.20. The firm has a fifty day moving average of $69.36 and a two-hundred day moving average of $66.86.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.2302 per share. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.22. The ex-dividend date of this dividend was Wednesday, September 25th.

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.