16,204 Shares in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,204 shares of the company’s stock, valued at approximately $642,000. Sanctuary Advisors LLC owned 1.30% of ProShares Nasdaq-100 High Income ETF as of its most recent SEC filing.

Separately, PFG Investments LLC purchased a new position in ProShares Nasdaq-100 High Income ETF in the second quarter valued at $896,000.

ProShares Nasdaq-100 High Income ETF Price Performance

IQQQ opened at $42.46 on Tuesday. The stock has a market capitalization of $59.44 million, a price-to-earnings ratio of 30.87 and a beta of 1.21. The business has a fifty day moving average price of $40.82 and a 200 day moving average price of $41.04. ProShares Nasdaq-100 High Income ETF has a 12 month low of $37.27 and a 12 month high of $44.42.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 8th. Investors of record on Tuesday, October 1st were paid a dividend of $0.324 per share. The ex-dividend date was Tuesday, October 1st. This represents a $3.89 dividend on an annualized basis and a dividend yield of 9.16%.

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.