Family Capital Management Inc. Has $315,000 Stock Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Family Capital Management Inc. increased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 16.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,342 shares of the exchange traded fund’s stock after buying an additional 613 shares during the quarter. Family Capital Management Inc.’s holdings in ProShares UltraPro QQQ were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Cerity Partners LLC grew its stake in ProShares UltraPro QQQ by 30.5% during the 3rd quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund’s stock valued at $2,127,000 after acquiring an additional 6,857 shares in the last quarter. Paragon Advisors LLC grew its position in ProShares UltraPro QQQ by 22.9% during the third quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after purchasing an additional 138,343 shares in the last quarter. Sheaff Brock Investment Advisors LLC increased its stake in ProShares UltraPro QQQ by 0.6% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund’s stock valued at $1,890,000 after buying an additional 158 shares during the period. Main Street Financial Solutions LLC lifted its position in ProShares UltraPro QQQ by 13.4% in the 3rd quarter. Main Street Financial Solutions LLC now owns 10,465 shares of the exchange traded fund’s stock worth $759,000 after buying an additional 1,240 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its stake in shares of ProShares UltraPro QQQ by 28.4% during the 3rd quarter. Axxcess Wealth Management LLC now owns 13,124 shares of the exchange traded fund’s stock valued at $951,000 after buying an additional 2,905 shares during the period.

ProShares UltraPro QQQ Stock Performance

ProShares UltraPro QQQ stock opened at $78.25 on Friday. ProShares UltraPro QQQ has a 12 month low of $41.73 and a 12 month high of $85.20. The company’s fifty day simple moving average is $73.99 and its 200-day simple moving average is $70.14.

ProShares UltraPro QQQ Increases Dividend

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

ProShares UltraPro QQQ Company 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.