Rodgers & Associates LTD Purchases Shares of 4,202 ProShares UltraPro QQQ (NASDAQ:TQQQ)

Rodgers & Associates LTD purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,202 shares of the exchange traded fund’s stock, valued at approximately $213,000.

Several other hedge funds have also added to or reduced their stakes in the business. Millington Financial Advisors LLC lifted its holdings in ProShares UltraPro QQQ by 2.3% during the 4th quarter. Millington Financial Advisors LLC now owns 18,148 shares of the exchange traded fund’s stock valued at $920,000 after purchasing an additional 412 shares during the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth $691,000. Signaturefd LLC lifted its holdings in shares of ProShares UltraPro QQQ by 9.6% during the fourth quarter. Signaturefd LLC now owns 4,798 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 422 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings in shares of ProShares UltraPro QQQ by 16.4% during the fourth quarter. TRUE Private Wealth Advisors now owns 9,752 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 1,376 shares in the last quarter. Finally, Howard Capital Management Inc. acquired a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth $17,511,000.

ProShares UltraPro QQQ Stock Down 1.6 %

Shares of TQQQ traded down $0.86 during midday trading on Thursday, reaching $52.85. 85,748,345 shares of the stock were exchanged, compared to its average volume of 74,324,477. ProShares UltraPro QQQ has a twelve month low of $25.51 and a twelve month high of $64.13. The stock’s 50 day simple moving average is $59.02 and its 200 day simple moving average is $50.64.

ProShares UltraPro QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued 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.