Sloy Dahl & Holst LLC Sells 5,581 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Sloy Dahl & Holst LLC lessened its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 45.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,625 shares of the exchange traded fund’s stock after selling 5,581 shares during the quarter. Sloy Dahl & Holst LLC’s holdings in ProShares UltraPro QQQ were worth $336,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its position in ProShares UltraPro QQQ by 155,339.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,977,190 shares of the exchange traded fund’s stock valued at $108,000 after acquiring an additional 1,975,918 shares in the last quarter. Paragon Advisors LLC boosted its stake in shares of ProShares UltraPro QQQ by 1.4% in the 3rd quarter. Paragon Advisors LLC now owns 1,429,621 shares of the exchange traded fund’s stock valued at $50,923,000 after purchasing an additional 19,548 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of ProShares UltraPro QQQ by 406.8% in the 4th quarter. Jane Street Group LLC now owns 1,349,230 shares of the exchange traded fund’s stock valued at $23,342,000 after purchasing an additional 1,082,994 shares during the last quarter. Jump Financial LLC boosted its stake in ProShares UltraPro QQQ by 285.6% during the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock worth $34,310,000 after acquiring an additional 713,425 shares during the last quarter. Finally, Prosperity Wealth Management Inc. boosted its stake in ProShares UltraPro QQQ by 2.3% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 934,131 shares of the exchange traded fund’s stock worth $33,274,000 after acquiring an additional 21,389 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 0.4 %

ProShares UltraPro QQQ stock traded down $0.24 during midday trading on Wednesday, hitting $55.54. 15,820,766 shares of the stock were exchanged, compared to its average volume of 72,398,523. The company has a fifty day simple moving average of $59.78 and a two-hundred day simple moving average of $50.05. ProShares UltraPro QQQ has a 52 week low of $25.17 and a 52 week high of $64.13.

ProShares UltraPro QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were paid a dividend of $0.2151 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

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.