ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Sold by Barclays PLC

Barclays PLC trimmed its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 96.7% during the 3rd quarter, Holdings Channel reports. The fund owned 500 shares of the exchange traded fund’s stock after selling 14,753 shares during the quarter. Barclays PLC’s holdings in ProShares UltraPro QQQ were worth $36,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TQQQ. RPg Family Wealth Advisory LLC acquired a new stake in ProShares UltraPro QQQ in the third quarter valued at approximately $32,000. Turim 21 Investimentos Ltda. grew its holdings in 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 valued at $49,000 after purchasing an additional 330 shares during the period. Signaturefd LLC grew its holdings in ProShares UltraPro QQQ by 153.8% in the third quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 655 shares during the period. Farther Finance Advisors LLC grew its holdings in ProShares UltraPro QQQ by 235.7% in the third quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock valued at $112,000 after purchasing an additional 1,082 shares during the period. Finally, Fairfield Financial Advisors LTD acquired a new stake in ProShares UltraPro QQQ in the second quarter valued at approximately $117,000.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ opened at $76.83 on Friday. The stock’s 50 day moving average is $81.91 and its two-hundred day moving average is $74.21. ProShares UltraPro QQQ has a 12 month low of $47.87 and a 12 month high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.2754 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23.

About ProShares UltraPro QQQ

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.