Transform Wealth LLC Boosts Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Transform Wealth LLC raised its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 9.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,295 shares of the exchange traded fund’s stock after purchasing an additional 377 shares during the period. Transform Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $312,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC lifted its position in shares of ProShares UltraPro QQQ by 444.5% during the 1st quarter. Jane Street Group LLC now owns 10,280,259 shares of the exchange traded fund’s stock valued at $632,853,000 after buying an additional 8,392,312 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in ProShares UltraPro QQQ by 433.9% during the first quarter. Flow Traders U.S. LLC now owns 1,532,199 shares of the exchange traded fund’s stock valued at $94,322,000 after purchasing an additional 1,245,229 shares during the last quarter. Howard Capital Management Inc. boosted its position in ProShares UltraPro QQQ by 7.1% during the second quarter. Howard Capital Management Inc. now owns 378,154 shares of the exchange traded fund’s stock worth $27,929,000 after purchasing an additional 25,087 shares during the period. Avidian Wealth Solutions LLC boosted its position in ProShares UltraPro QQQ by 10.7% during the first quarter. Avidian Wealth Solutions LLC now owns 177,959 shares of the exchange traded fund’s stock worth $10,955,000 after purchasing an additional 17,245 shares during the period. Finally, PPSC Investment Service Corp purchased a new position in shares of ProShares UltraPro QQQ in the second quarter worth about $12,662,000.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $73.12 on Thursday. The company’s 50 day moving average is $68.03 and its 200-day moving average is $66.37. ProShares UltraPro QQQ has a 12-month low of $30.47 and a 12-month high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were given a dividend of $0.2302 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.22.

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.