Townsquare Capital LLC Has $1.11 Million Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Townsquare Capital LLC decreased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 16.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,372 shares of the exchange traded fund’s stock after selling 3,130 shares during the quarter. Townsquare Capital LLC’s holdings in ProShares UltraPro QQQ were worth $1,114,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter worth approximately $21,747,000. Horizon Kinetics Asset Management LLC lifted its stake in ProShares UltraPro QQQ by 7.2% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 7,101 shares of the exchange traded fund’s stock valued at $515,000 after purchasing an additional 474 shares during the last quarter. Larson Financial Group LLC grew its position in ProShares UltraPro QQQ by 1,003.8% during the 3rd quarter. Larson Financial Group LLC now owns 26,336 shares of the exchange traded fund’s stock worth $1,909,000 after acquiring an additional 23,950 shares during the last quarter. Family Capital Management Inc. raised its position in ProShares UltraPro QQQ by 16.4% in the third quarter. Family Capital Management Inc. now owns 4,342 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 613 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of ProShares UltraPro QQQ by 30.5% during the third quarter. Cerity Partners LLC now owns 29,339 shares of the exchange traded fund’s stock worth $2,127,000 after purchasing an additional 6,857 shares during the last quarter.

ProShares UltraPro QQQ Trading Up 3.2 %

Shares of NASDAQ TQQQ opened at $82.48 on Tuesday. The company has a 50 day simple moving average of $75.08 and a 200 day simple moving average of $70.88. ProShares UltraPro QQQ has a 1 year low of $41.73 and a 1 year high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.2302 per share. The ex-dividend date of this dividend 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.