25,673 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Purchased by Variant Private Wealth LLC

Variant Private Wealth LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,673 shares of the exchange traded fund’s stock, valued at approximately $2,032,000. ProShares UltraPro QQQ makes up 1.9% of Variant Private Wealth LLC’s holdings, making the stock its 19th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the company. Oriental Harbor Investment Fund acquired a new stake in ProShares UltraPro QQQ during the third quarter worth about $82,199,000. Paragon Advisors LLC boosted its holdings 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. IMC Chicago LLC boosted its holdings in ProShares UltraPro QQQ by 1,145.4% during the third quarter. IMC Chicago LLC now owns 560,847 shares of the exchange traded fund’s stock valued at $40,656,000 after purchasing an additional 515,815 shares in the last quarter. PPSC Investment Service Corp boosted its holdings in ProShares UltraPro QQQ by 17.5% during the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund’s stock valued at $35,325,000 after purchasing an additional 66,582 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in ProShares UltraPro QQQ during the third quarter valued at approximately $21,747,000.

ProShares UltraPro QQQ Stock Down 6.3 %

NASDAQ TQQQ opened at $83.71 on Friday. The stock’s 50 day moving average is $84.04 and its two-hundred day moving average is $76.58. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.2754 per share. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, December 23rd.

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.