Vontobel Holding Ltd. Trims Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Vontobel Holding Ltd. trimmed its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 85.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,620 shares of the exchange traded fund’s stock after selling 32,681 shares during the period. Vontobel Holding Ltd.’s holdings in ProShares UltraPro QQQ were worth $285,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sandy Spring Bank grew its stake in ProShares UltraPro QQQ by 1,113.0% during the fourth 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 in the last quarter. National Bank of Canada FI grew its stake in ProShares UltraPro QQQ by 9,910.0% during 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 acquiring an additional 991 shares in the last quarter. Impact Partnership Wealth LLC purchased a new position in ProShares UltraPro QQQ during the third quarter valued at $43,000. BluePath Capital Management LLC purchased a new position in ProShares UltraPro QQQ during the third quarter valued at $47,000. Finally, Hazlett Burt & Watson Inc. purchased a new position in ProShares UltraPro QQQ during the fourth quarter valued at $51,000.

ProShares UltraPro QQQ Stock Up 4.5 %

TQQQ opened at $53.19 on Wednesday. ProShares UltraPro QQQ has a fifty-two week low of $25.17 and a fifty-two week high of $64.13. The company has a fifty day moving average of $59.12 and a 200 day moving average of $50.62.

ProShares UltraPro QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a $0.2151 dividend. The ex-dividend date was Wednesday, March 20th.

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.