16,450 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Acquired by Cerity Partners LLC

Cerity Partners LLC purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,450 shares of the exchange traded fund’s stock, valued at approximately $834,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sandy Spring Bank increased its position in shares of ProShares UltraPro QQQ by 1,113.0% in the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 512 shares during the period. National Bank of Canada FI increased its holdings in shares of ProShares UltraPro QQQ by 9,910.0% in the third quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 991 shares during the period. Hazlett Burt & Watson Inc. purchased a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth about $51,000. Impact Partnership Wealth LLC acquired a new stake in shares of ProShares UltraPro QQQ during the third quarter worth about $43,000. Finally, BluePath Capital Management LLC purchased a new stake in ProShares UltraPro QQQ in the third quarter valued at approximately $47,000.

ProShares UltraPro QQQ Price Performance

TQQQ opened at $50.92 on Tuesday. ProShares UltraPro QQQ has a 12-month low of $25.17 and a 12-month high of $64.13. The firm has a 50 day moving average of $59.19 and a two-hundred day moving average of $50.50.

ProShares UltraPro QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, March 27th. Investors 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 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.