Physician Wealth Advisors Inc. Has $565,000 Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Physician Wealth Advisors Inc. increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 1.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,723 shares of the exchange traded fund’s stock after acquiring an additional 143 shares during the period. Physician Wealth Advisors Inc.’s holdings in ProShares UltraPro QQQ were worth $565,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TQQQ. Jane Street Group LLC boosted its holdings in ProShares UltraPro QQQ by 444.5% during the first quarter. Jane Street Group LLC now owns 10,280,259 shares of the exchange traded fund’s stock valued at $632,853,000 after purchasing an additional 8,392,312 shares in the last quarter. Flow Traders U.S. LLC boosted its stake in ProShares UltraPro QQQ by 433.9% in the 1st quarter. Flow Traders U.S. LLC now owns 1,532,199 shares of the exchange traded fund’s stock valued at $94,322,000 after buying an additional 1,245,229 shares in the last quarter. Howard Capital Management Inc. grew its position in ProShares UltraPro QQQ by 7.1% in the second quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund’s stock valued at $27,929,000 after acquiring an additional 25,087 shares during the period. Avidian Wealth Solutions LLC raised its stake in ProShares UltraPro QQQ by 10.7% during the first 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. Finally, PPSC Investment Service Corp bought a new position in shares of ProShares UltraPro QQQ during the second quarter valued at $12,662,000.

ProShares UltraPro QQQ Stock Down 0.1 %

Shares of ProShares UltraPro QQQ stock opened at $73.12 on Thursday. ProShares UltraPro QQQ has a 1-year low of $30.47 and a 1-year high of $85.20. The firm’s 50-day moving average price is $68.03 and its two-hundred day moving average price is $66.37.

ProShares UltraPro QQQ Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were given a $0.2302 dividend. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.22. The ex-dividend date of this dividend was Wednesday, September 25th.

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.