ProShares UltraPro QQQ (TQQQ) To Go Ex-Dividend on September 24th

ProShares UltraPro QQQ (NASDAQ:TQQQ) declared a quarterly dividend on Tuesday, September 23rd. Investors of record on Wednesday, September 24th will be paid a dividend of 0.0978 per share by the exchange traded fund on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, September 24th.

ProShares UltraPro QQQ Stock Performance

NASDAQ TQQQ opened at $101.41 on Thursday. The stock’s fifty day moving average is $91.96 and its two-hundred day moving average is $74.39. The firm has a market capitalization of $31.25 billion, a P/E ratio of 38.25 and a beta of 3.45. ProShares UltraPro QQQ has a fifty-two week low of $35.00 and a fifty-two week high of $105.08.

Institutional Investors Weigh In On ProShares UltraPro QQQ

Hedge funds have recently modified their holdings of the company. Howard Capital Management Inc. raised its stake in ProShares UltraPro QQQ by 1,071.0% during the second quarter. Howard Capital Management Inc. now owns 4,855,196 shares of the exchange traded fund’s stock worth $404,067,000 after purchasing an additional 4,440,578 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth approximately $395,951,000. Oriental Harbor Investment Fund increased its holdings in shares of ProShares UltraPro QQQ by 47.3% during the 1st quarter. Oriental Harbor Investment Fund now owns 1,515,410 shares of the exchange traded fund’s stock worth $86,488,000 after buying an additional 486,506 shares during the last quarter. IMC Chicago LLC raised its position in shares of ProShares UltraPro QQQ by 9,296.8% during the 2nd quarter. IMC Chicago LLC now owns 1,168,112 shares of the exchange traded fund’s stock valued at $96,953,000 after buying an additional 1,155,681 shares during the period. Finally, Jump Financial LLC acquired a new position in ProShares UltraPro QQQ in the first quarter valued at approximately $53,458,000.

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.