Anchor Investment Management LLC Purchases Shares of 4,150 ProShares UltraPro QQQ (NASDAQ:TQQQ)

Anchor Investment Management LLC purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,150 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Other large investors have also made changes to their positions in the company. Jump Financial LLC grew its stake in shares of ProShares UltraPro QQQ by 285.6% during the 3rd quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock valued at $34,310,000 after purchasing an additional 713,425 shares during the period. Tucker Asset Management LLC grew its stake in shares of ProShares UltraPro QQQ by 153.9% during the 3rd quarter. Tucker Asset Management LLC now owns 35,577 shares of the exchange traded fund’s stock valued at $1,267,000 after acquiring an additional 21,566 shares during the period. Covestor Ltd grew its stake in shares of ProShares UltraPro QQQ by 30.3% during the 2nd quarter. Covestor Ltd now owns 2,945 shares of the exchange traded fund’s stock valued at $121,000 after acquiring an additional 684 shares during the period. Flagstar Advisors Inc. bought a new position in shares of ProShares UltraPro QQQ during the 3rd quarter valued at approximately $1,895,000. Finally, UBS Group AG bought a new position in shares of ProShares UltraPro QQQ during the 3rd quarter valued at approximately $2,225,000.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $57.76 on Friday. The stock’s 50 day moving average is $56.74 and its 200 day moving average is $46.74. ProShares UltraPro QQQ has a 12 month low of $22.72 and a 12 month high of $64.13.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, December 21st were issued a dividend of $0.223 per share. This represents a $0.89 annualized dividend and a dividend yield of 1.54%. This is a boost from ProShares UltraPro QQQ’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Wednesday, December 20th.

ProShares UltraPro QQQ Company Profile

(Free Report)

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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Institutional Ownership by Quarter for ProShares UltraPro QQQ (NASDAQ:TQQQ)

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