Ignite Planners LLC Raises Stake in ProShares UltraPro QQQ $TQQQ

Ignite Planners LLC boosted its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 7.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,105 shares of the exchange traded fund’s stock after buying an additional 300 shares during the period. Ignite Planners LLC’s holdings in ProShares UltraPro QQQ were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in ProShares UltraPro QQQ in the second quarter valued at approximately $25,000. MRP Capital Investments LLC acquired a new position in ProShares UltraPro QQQ in the first quarter valued at approximately $29,000. Keystone Financial Group Inc. acquired a new position in ProShares UltraPro QQQ in the second quarter valued at approximately $48,000. Columbia River Financial Group LLC acquired a new position in ProShares UltraPro QQQ in the first quarter valued at approximately $47,000. Finally, Dogwood Wealth Management LLC lifted its holdings in ProShares UltraPro QQQ by 302.0% in the second quarter. Dogwood Wealth Management LLC now owns 1,001 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 752 shares during the period.

ProShares UltraPro QQQ Trading Up 3.4%

Shares of NASDAQ:TQQQ opened at $108.88 on Thursday. ProShares UltraPro QQQ has a 12-month low of $35.00 and a 12-month high of $109.05. The company has a market capitalization of $28.68 billion, a PE ratio of 38.25 and a beta of 3.45. The business has a 50 day moving average of $95.20 and a two-hundred day moving average of $77.39.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Wednesday, September 24th were paid a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, September 24th.

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.