Toth Financial Advisory Corp Sells 2,799 Shares of ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB)

Posted by Alanna Baker on Jan 26th, 2025

Toth Financial Advisory Corp decreased its holdings in shares of ProShares Ultra Nasdaq Biotechnology (NASDAQ:BIB – Free Report) by 24.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,656 shares of the exchange traded fund’s stock after selling 2,799 shares during the period. Toth Financial Advisory Corp owned 0.72% of ProShares Ultra Nasdaq Biotechnology worth $439,000 as of its most recent SEC filing.

Separately, Jane Street Group LLC grew its stake in shares of ProShares Ultra Nasdaq Biotechnology by 8.4% in the 3rd quarter. Jane Street Group LLC now owns 4,803 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 374 shares during the last quarter.

ProShares Ultra Nasdaq Biotechnology Trading Down 1.2 %

Shares of NASDAQ:BIB opened at $54.49 on Friday. The stock has a fifty day simple moving average of $54.09 and a two-hundred day simple moving average of $60.71. ProShares Ultra Nasdaq Biotechnology has a 12-month low of $47.19 and a 12-month high of $69.56.

ProShares Ultra Nasdaq Biotechnology Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.3964 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares Ultra Nasdaq Biotechnology’s previous dividend of $0.15.

About ProShares Ultra Nasdaq Biotechnology

(Free Report)

ProShares Ultra Nasdaq Biotechnology (the Fund) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Index. The return of the Fund for a period longer than a single trading day will be the result of each day’s returns compounded over the period, which will very likely differ from the inverse of the return of the Dow Jones United States Basic Materials Index (the Index) for that period.