ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Tucker Asset Management LLC

Tucker Asset Management LLC lessened its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 59.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,361 shares of the exchange traded fund’s stock after selling 21,216 shares during the period. ProShares UltraPro QQQ makes up 0.2% of Tucker Asset Management LLC’s investment portfolio, making the stock its 29th largest holding. Tucker Asset Management LLC’s holdings in ProShares UltraPro QQQ were worth $728,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sandy Spring Bank lifted its holdings in shares of ProShares UltraPro QQQ by 1,113.0% in the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 512 shares during the period. Signature Resources Capital Management LLC acquired a new position in shares of ProShares UltraPro QQQ during the 4th quarter worth $29,000. Hazlett Burt & Watson Inc. purchased a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at about $51,000. VitalStone Financial LLC increased its holdings in shares of ProShares UltraPro QQQ by 1,513.2% in the 4th quarter. VitalStone Financial LLC now owns 1,952 shares of the exchange traded fund’s stock valued at $99,000 after purchasing an additional 1,831 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $116,000.

ProShares UltraPro QQQ Trading Up 1.4 %

TQQQ traded up $1.06 on Friday, hitting $74.17. 35,777,482 shares of the company were exchanged, compared to its average volume of 66,675,352. ProShares UltraPro QQQ has a fifty-two week low of $30.47 and a fifty-two week high of $74.21. The business’s fifty day moving average is $60.71 and its 200 day moving average is $56.78.

ProShares UltraPro QQQ Dividend Announcement

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

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.