Kingsview Wealth Management LLC Sells 13,982 Shares of ProShares Nasdaq-100 High Income ETF $IQQQ

Kingsview Wealth Management LLC lessened its position in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 23.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 44,869 shares of the company’s stock after selling 13,982 shares during the quarter. Kingsview Wealth Management LLC’s holdings in ProShares Nasdaq-100 High Income ETF were worth $1,976,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC lifted its position in ProShares Nasdaq-100 High Income ETF by 441.3% in the second quarter. NewEdge Advisors LLC now owns 655 shares of the company’s stock worth $27,000 after purchasing an additional 534 shares during the period. SBI Securities Co. Ltd. increased its holdings in ProShares Nasdaq-100 High Income ETF by 239.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,467 shares of the company’s stock valued at $101,000 after buying an additional 1,741 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of ProShares Nasdaq-100 High Income ETF by 1.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 160,064 shares of the company’s stock valued at $6,547,000 after buying an additional 1,743 shares in the last quarter. City Center Advisors LLC lifted its holdings in shares of ProShares Nasdaq-100 High Income ETF by 33.9% during the 3rd quarter. City Center Advisors LLC now owns 7,915 shares of the company’s stock worth $349,000 after acquiring an additional 2,003 shares during the period. Finally, Brown Lisle Cummings Inc. acquired a new stake in shares of ProShares Nasdaq-100 High Income ETF during the 3rd quarter valued at about $104,000.

ProShares Nasdaq-100 High Income ETF Stock Down 0.5%

NASDAQ IQQQ opened at $43.90 on Friday. ProShares Nasdaq-100 High Income ETF has a twelve month low of $33.00 and a twelve month high of $46.72. The stock has a market cap of $349.88 million, a P/E ratio of 34.31 and a beta of 1.09. The company’s 50-day simple moving average is $44.53 and its 200 day simple moving average is $44.20.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.2033 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Monday, March 2nd.

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.