CPR Investments Inc. Has $876,000 Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

CPR Investments Inc. lessened its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 86.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,066 shares of the exchange traded fund’s stock after selling 70,341 shares during the quarter. ProShares UltraPro QQQ comprises about 0.8% of CPR Investments Inc.’s investment portfolio, making the stock its 20th biggest position. CPR Investments Inc.’s holdings in ProShares UltraPro QQQ were worth $876,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. RPg Family Wealth Advisory LLC bought a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at about $32,000. Turim 21 Investimentos Ltda. boosted its holdings in ProShares UltraPro QQQ by 98.5% in the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 330 shares during the period. Signaturefd LLC boosted its holdings in ProShares UltraPro QQQ by 153.8% in the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 655 shares during the period. Farther Finance Advisors LLC raised its position in shares of ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock valued at $112,000 after buying an additional 1,082 shares in the last quarter. Finally, Ironwood Wealth Management LLC. bought a new stake in shares of ProShares UltraPro QQQ in the second quarter valued at approximately $236,000.

ProShares UltraPro QQQ Price Performance

Shares of NASDAQ:TQQQ opened at $79.85 on Wednesday. The business’s 50 day simple moving average is $82.20 and its 200 day simple moving average is $74.26. ProShares UltraPro QQQ has a 1 year low of $47.87 and a 1 year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.