Tidal Investments LLC Makes New $11.60 Million Investment in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Tidal Investments LLC acquired a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 160,000 shares of the exchange traded fund’s stock, valued at approximately $11,598,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Physician Wealth Advisors Inc. lifted its position in shares of ProShares UltraPro QQQ by 1.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund’s stock valued at $565,000 after buying an additional 143 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its position in shares of ProShares UltraPro QQQ by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock valued at $1,890,000 after buying an additional 158 shares during the last quarter. Everhart Financial Group Inc. lifted its position in shares of ProShares UltraPro QQQ by 5.0% during the 2nd quarter. Everhart Financial Group Inc. now owns 3,469 shares of the exchange traded fund’s stock valued at $256,000 after buying an additional 166 shares during the last quarter. Capital Investment Advisors LLC lifted its position in shares of ProShares UltraPro QQQ by 0.4% during the 3rd quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund’s stock valued at $3,196,000 after buying an additional 178 shares during the last quarter. Finally, Golden State Equity Partners lifted its position in shares of ProShares UltraPro QQQ by 5.2% during the 3rd quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 205 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 2.0 %

Shares of NASDAQ TQQQ opened at $87.52 on Friday. ProShares UltraPro QQQ has a one year low of $45.47 and a one year high of $89.62. The business’s fifty day moving average price is $77.73 and its 200-day moving average price is $72.14.

ProShares UltraPro QQQ Increases Dividend

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

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.