ProShares UltraPro QQQ (NASDAQ:TQQQ) Stock Position Raised by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. boosted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,524 shares of the exchange traded fund’s stock after purchasing an additional 335 shares during the period. Hanseatic Management Services Inc.’s holdings in ProShares UltraPro QQQ were worth $328,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. IMC Chicago LLC raised its position in ProShares UltraPro QQQ by 1,145.4% during the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock valued at $40,656,000 after buying an additional 515,815 shares during the period. Howard Capital Management Inc. increased its holdings in shares of ProShares UltraPro QQQ by 7.1% in the 2nd quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund’s stock valued at $27,929,000 after purchasing an additional 25,087 shares during the period. Primoris Wealth Advisors LLC purchased a new stake in shares of ProShares UltraPro QQQ in the second quarter worth approximately $696,000. AE Wealth Management LLC boosted its holdings in shares of ProShares UltraPro QQQ by 289.9% during the second quarter. AE Wealth Management LLC now owns 16,019 shares of the exchange traded fund’s stock worth $1,183,000 after purchasing an additional 11,911 shares during the period. Finally, Sovereign Financial Group Inc. purchased a new position in ProShares UltraPro QQQ during the third quarter valued at approximately $906,000.

ProShares UltraPro QQQ Trading Up 8.1 %

TQQQ stock opened at $78.86 on Thursday. The company has a 50 day moving average of $70.23 and a two-hundred day moving average of $68.05. ProShares UltraPro QQQ has a 12-month low of $37.97 and a 12-month high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were paid a $0.2302 dividend. 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 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.