ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Triton Wealth Management PLLC

Triton Wealth Management PLLC reduced its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 1.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,319 shares of the exchange traded fund’s stock after selling 310 shares during the quarter. ProShares UltraPro QQQ comprises about 0.8% of Triton Wealth Management PLLC’s holdings, making the stock its 19th largest position. Triton Wealth Management PLLC’s holdings in ProShares UltraPro QQQ were worth $1,479,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. purchased a new position in ProShares UltraPro QQQ during the first quarter worth about $37,000. Westend Capital Management LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter worth $48,000. Turim 21 Investimentos Ltda. grew its stake in shares of ProShares UltraPro QQQ by 98.5% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 330 shares during the period. Massmutual Trust Co. FSB ADV acquired a new stake in shares of ProShares UltraPro QQQ in the first quarter valued at about $63,000. Finally, Hantz Financial Services Inc. purchased a new stake in ProShares UltraPro QQQ during the second quarter worth about $68,000.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock traded up $2.45 during midday trading on Friday, reaching $71.97. 55,465,010 shares of the company traded hands, compared to its average volume of 62,719,988. The firm’s 50 day simple moving average is $65.89 and its two-hundred day simple moving average is $65.69. ProShares UltraPro QQQ has a 1-year low of $30.47 and a 1-year high of $85.20.

ProShares UltraPro QQQ Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were issued a $0.2302 dividend. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.22. The ex-dividend date was Wednesday, September 25th.

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.