City Center Advisors LLC lifted its stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report) by 10.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,912 shares of the company’s stock after buying an additional 566 shares during the period. City Center Advisors LLC’s holdings in ProShares Nasdaq-100 High Income ETF were worth $242,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of IQQQ. Pitti Group Wealth Management LLC grew its position in shares of ProShares Nasdaq-100 High Income ETF by 10.4% in the 1st quarter. Pitti Group Wealth Management LLC now owns 6,125 shares of the company’s stock valued at $238,000 after buying an additional 575 shares during the last quarter. CAP Partners LLC purchased a new position in ProShares Nasdaq-100 High Income ETF during the 1st quarter worth $292,000. Focus Partners Wealth purchased a new position in ProShares Nasdaq-100 High Income ETF during the 4th quarter worth $299,000. Financial Partners Group Inc purchased a new position in ProShares Nasdaq-100 High Income ETF during the 1st quarter worth $417,000. Finally, Maia Wealth LLC grew its position in ProShares Nasdaq-100 High Income ETF by 133.6% during the 1st quarter. Maia Wealth LLC now owns 11,722 shares of the company’s stock worth $423,000 after purchasing an additional 6,704 shares during the last quarter.
ProShares Nasdaq-100 High Income ETF Stock Performance
Shares of ProShares Nasdaq-100 High Income ETF stock opened at $43.01 on Friday. ProShares Nasdaq-100 High Income ETF has a 1 year low of $33.00 and a 1 year high of $45.21. The company has a market capitalization of $225.37 million, a P/E ratio of 34.31 and a beta of 1.21. The company’s fifty day moving average is $41.78 and its two-hundred day moving average is $39.57.
About ProShares Nasdaq-100 High Income ETF
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.
Featured Articles
- Five stocks we like better than ProShares Nasdaq-100 High Income ETF
- What is a Secondary Public Offering? What Investors Need to Know
- Ride the Luxury Retail Wave with These 3 High-End Brand Stocks
- The Significance of Brokerage Rankings in Stock Selection
- Wall Street Quietly Bets Big on These Chinese Tech Giants
- Investing In Preferred Stock vs. Common Stock
- Meta’s $600B U.S. Investment: Bearish or Bullish for Shares?
Want to see what other hedge funds are holding IQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report).
Receive News & Ratings for ProShares Nasdaq-100 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Nasdaq-100 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
