71,903 Shares in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 71,903 shares of the company’s stock, valued at approximately $3,070,000.

A number of other institutional investors also recently modified their holdings of IQQQ. SBI Securities Co. Ltd. acquired a new position in shares of ProShares Nasdaq-100 High Income ETF during the fourth quarter valued at about $51,000. Kingsview Wealth Management LLC raised its stake in ProShares Nasdaq-100 High Income ETF by 131.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 11,281 shares of the company’s stock valued at $482,000 after acquiring an additional 6,417 shares during the period. Jane Street Group LLC bought a new position in ProShares Nasdaq-100 High Income ETF in the 3rd quarter worth approximately $810,000. SteelPeak Wealth LLC grew its position in shares of ProShares Nasdaq-100 High Income ETF by 3.4% in the fourth quarter. SteelPeak Wealth LLC now owns 23,450 shares of the company’s stock valued at $1,001,000 after purchasing an additional 765 shares in the last quarter. Finally, PFG Investments LLC raised its stake in shares of ProShares Nasdaq-100 High Income ETF by 45.2% during the 4th quarter. PFG Investments LLC now owns 42,422 shares of the company’s stock valued at $1,811,000 after purchasing an additional 13,201 shares during the period.

ProShares Nasdaq-100 High Income ETF Trading Down 2.4 %

Shares of NASDAQ:IQQQ opened at $38.89 on Friday. The stock has a market cap of $98.78 million, a P/E ratio of 31.75 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a 12 month low of $37.27 and a 12 month high of $45.21. The company has a 50 day moving average of $41.98 and a 200 day moving average of $42.31.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.2771 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

ProShares Nasdaq-100 High Income ETF Company Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.