OLD National Bancorp IN Has $7.62 Million Stake in ProShares UltraPro QQQ $TQQQ

OLD National Bancorp IN cut its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 0.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 91,761 shares of the exchange traded fund’s stock after selling 210 shares during the quarter. OLD National Bancorp IN’s holdings in ProShares UltraPro QQQ were worth $7,616,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jump Financial LLC bought a new position in ProShares UltraPro QQQ in the first quarter valued at approximately $53,458,000. Paragon Advisors LLC increased its stake in shares of ProShares UltraPro QQQ by 81.2% in the 1st quarter. Paragon Advisors LLC now owns 323,011 shares of the exchange traded fund’s stock valued at $18,509,000 after purchasing an additional 144,755 shares during the last quarter. Cutler Investment Counsel LLC acquired a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth $202,000. PPSC Investment Service Corp raised its holdings in shares of ProShares UltraPro QQQ by 16.3% during the 1st quarter. PPSC Investment Service Corp now owns 519,345 shares of the exchange traded fund’s stock worth $29,758,000 after buying an additional 72,930 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in shares of ProShares UltraPro QQQ by 24.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 156,260 shares of the exchange traded fund’s stock worth $8,954,000 after buying an additional 30,266 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 1.4%

ProShares UltraPro QQQ stock opened at $104.70 on Monday. The stock has a market cap of $28.00 billion, a PE ratio of 38.25 and a beta of 3.45. ProShares UltraPro QQQ has a 12-month low of $35.00 and a 12-month high of $106.87. The business’s 50-day moving average price is $94.15 and its two-hundred day moving average price is $76.66.

ProShares UltraPro QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were given a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, September 24th.

About ProShares UltraPro QQQ

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.