Golden State Equity Partners Has $318,000 Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Golden State Equity Partners cut its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 3.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,023 shares of the exchange traded fund’s stock after selling 159 shares during the quarter. Golden State Equity Partners’ holdings in ProShares UltraPro QQQ were worth $318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oriental Harbor Investment Fund acquired a new position in ProShares UltraPro QQQ during the 3rd quarter worth approximately $82,199,000. Paragon Advisors LLC increased its position in ProShares UltraPro QQQ by 22.9% during the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock worth $53,764,000 after purchasing an additional 138,343 shares in the last quarter. IMC Chicago LLC increased its position in ProShares UltraPro QQQ by 1,145.4% during the 3rd quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock worth $40,656,000 after purchasing an additional 515,815 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in ProShares UltraPro QQQ during the 3rd quarter worth approximately $21,747,000. Finally, International Assets Investment Management LLC increased its position 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 purchasing an additional 285,155 shares in the last quarter.

ProShares UltraPro QQQ Trading Down 2.4 %

TQQQ stock opened at $80.72 on Tuesday. The company has a 50 day simple moving average of $83.29 and a 200 day simple moving average of $74.63. ProShares UltraPro QQQ has a 1 year low of $48.80 and a 1 year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

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

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.