Banque Cantonale Vaudoise Lowers Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Banque Cantonale Vaudoise decreased its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 26.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,669 shares of the exchange traded fund’s stock after selling 5,931 shares during the quarter. Banque Cantonale Vaudoise’s holdings in ProShares UltraPro QQQ were worth $1,208,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Turim 21 Investimentos Ltda. increased its stake in ProShares UltraPro QQQ by 98.5% in the second 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. Hantz Financial Services Inc. acquired a new position in ProShares UltraPro QQQ in the 2nd quarter valued at about $68,000. Signaturefd LLC raised its stake in ProShares UltraPro QQQ by 153.8% during 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 last quarter. Farther Finance Advisors LLC raised its stake in ProShares UltraPro QQQ by 235.7% during 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 last quarter. Finally, Fairfield Financial Advisors LTD acquired a new stake in ProShares UltraPro QQQ during the 2nd quarter worth approximately $117,000.

ProShares UltraPro QQQ Price Performance

NASDAQ:TQQQ opened at $77.20 on Thursday. The stock’s 50 day simple moving average is $73.54 and its 200-day simple moving average is $69.87. ProShares UltraPro QQQ has a 12-month low of $41.73 and a 12-month high of $85.20.

ProShares UltraPro QQQ Increases Dividend

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

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.