International Assets Investment Management LLC Has $20.82 Million Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

International Assets Investment Management LLC lifted its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 14,257.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 287,155 shares of the exchange traded fund’s stock after acquiring an additional 285,155 shares during the period. International Assets Investment Management LLC owned approximately 0.09% of ProShares UltraPro QQQ worth $20,816,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Turim 21 Investimentos Ltda. grew its stake in shares of 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 worth $49,000 after acquiring an additional 330 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in shares of ProShares UltraPro QQQ in the second quarter worth $68,000. Signaturefd LLC grew its stake in shares of ProShares UltraPro QQQ by 153.8% in the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock worth $78,000 after acquiring an additional 655 shares during the last quarter. Fairfield Financial Advisors LTD acquired a new stake in shares of ProShares UltraPro QQQ in the second quarter worth $117,000. Finally, Larson Financial Group LLC grew its stake in shares of ProShares UltraPro QQQ by 80.9% in the second quarter. Larson Financial Group LLC now owns 2,386 shares of the exchange traded fund’s stock worth $176,000 after acquiring an additional 1,067 shares during the last quarter.

ProShares UltraPro QQQ Stock Performance

Shares of ProShares UltraPro QQQ stock opened at $76.88 on Wednesday. ProShares UltraPro QQQ has a 1 year low of $31.58 and a 1 year high of $85.20. The company’s fifty day simple moving average is $69.78 and its 200-day simple moving average is $67.33.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were paid 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.