Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) gapped up before the market opened on Tuesday . The stock had previously closed at $54.11, but opened at $55.40. ProShares UltraPro QQQ shares last traded at $56.16, with a volume of 21939578 shares changing hands.
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were given a dividend of $0.0203 per share. The ex-dividend date was Wednesday, March 20th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.15%.
Several large investors have recently added to or reduced their stakes in TQQQ. Redhawk Wealth Advisors Inc. bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter worth $285,000. Virtu Financial LLC bought a new stake in shares of ProShares UltraPro QQQ during the 4th quarter worth $1,003,000. Morgan Stanley lifted its position in shares of ProShares UltraPro QQQ by 36.4% during the 3rd quarter. Morgan Stanley now owns 500,189 shares of the exchange traded fund’s stock worth $35,584,000 after buying an additional 133,356 shares during the last quarter. First Midwest Bank Trust Division bought a new stake in shares of ProShares UltraPro QQQ during the 4th quarter worth $350,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of ProShares UltraPro QQQ by 203.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 140,608 shares of the exchange traded fund’s stock worth $10,003,000 after buying an additional 94,227 shares during the last quarter.
About ProShares UltraPro QQQ (NASDAQ:TQQQ)
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.
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