VisionPoint Advisory Group LLC Sells 7,308 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

VisionPoint Advisory Group LLC decreased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 37.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,089 shares of the exchange traded fund’s stock after selling 7,308 shares during the period. VisionPoint Advisory Group LLC’s holdings in ProShares UltraPro QQQ were worth $951,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in ProShares UltraPro QQQ in the third quarter valued at $32,000. PayPay Securities Corp grew its position in shares of ProShares UltraPro QQQ by 119.3% in the 4th quarter. PayPay Securities Corp now owns 500 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 272 shares during the period. Signaturefd LLC grew its position in shares of 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 acquiring an additional 655 shares during the period. Beacon Capital Management LLC bought a new position in shares of ProShares UltraPro QQQ in the 4th quarter valued at about $109,000. Finally, Farther Finance Advisors LLC grew its position in shares of ProShares UltraPro QQQ by 235.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock valued at $112,000 after acquiring an additional 1,082 shares during the period.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ opened at $89.30 on Friday. The firm has a 50-day moving average of $84.16 and a 200-day moving average of $76.38. ProShares UltraPro QQQ has a one year low of $48.80 and a one year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 an increase from ProShares UltraPro QQQ’s previous dividend of $0.23.

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.