Retirement Planning Co of New England Inc. Sells 195 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Retirement Planning Co of New England Inc. lowered its stake in ProShares UltraPro QQQ (NASDAQ:TQQQFree Report) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,647 shares of the exchange traded fund’s stock after selling 195 shares during the quarter. ProShares UltraPro QQQ comprises approximately 1.2% of Retirement Planning Co of New England Inc.’s holdings, making the stock its 19th largest holding. Retirement Planning Co of New England Inc.’s holdings in ProShares UltraPro QQQ were worth $2,425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in TQQQ. RPg Family Wealth Advisory LLC purchased a new stake in shares of ProShares UltraPro QQQ in the third quarter worth about $32,000. PayPay Securities Corp raised its holdings in shares of ProShares UltraPro QQQ by 119.3% during the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 272 shares in the last quarter. Beacon Capital Management LLC bought a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at approximately $109,000. James J. Burns & Company LLC purchased a new position in shares of ProShares UltraPro QQQ in the fourth quarter valued at $206,000. Finally, Carnegie Investment Counsel bought a new stake in ProShares UltraPro QQQ in the fourth quarter worth $214,000.

ProShares UltraPro QQQ Stock Up 1.9 %

ProShares UltraPro QQQ stock opened at $63.09 on Tuesday. ProShares UltraPro QQQ has a 52-week low of $48.80 and a 52-week high of $93.79. The company has a market cap of $19.37 billion, a price-to-earnings ratio of 30.83 and a beta of 3.45. The firm’s fifty day moving average is $78.83 and its 200 day moving average is $77.09.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2754 dividend. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.

ProShares UltraPro QQQ Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ProShares UltraPro QQQ (NASDAQ:TQQQ)

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