Maia Wealth LLC Trims Position in ProShares Nasdaq-100 High Income ETF $IQQQ

Maia Wealth LLC lessened its stake in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 32.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,951 shares of the company’s stock after selling 3,771 shares during the quarter. Maia Wealth LLC’s holdings in ProShares Nasdaq-100 High Income ETF were worth $325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. MGO One Seven LLC purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF in the second quarter worth approximately $372,000. Concurrent Investment Advisors LLC acquired a new position in shares of ProShares Nasdaq-100 High Income ETF during the second quarter worth $204,000. Raymond James Financial Inc. lifted its position in ProShares Nasdaq-100 High Income ETF by 15.0% during the 1st quarter. Raymond James Financial Inc. now owns 82,676 shares of the company’s stock worth $3,212,000 after acquiring an additional 10,773 shares during the period. PFG Investments LLC raised its position in ProShares Nasdaq-100 High Income ETF by 13.0% during the 2nd quarter. PFG Investments LLC now owns 68,630 shares of the company’s stock worth $2,807,000 after buying an additional 7,887 shares during the last quarter. Finally, Clarus Wealth Advisors acquired a new stake in ProShares Nasdaq-100 High Income ETF during the 2nd quarter worth about $410,000.

ProShares Nasdaq-100 High Income ETF Trading Up 1.1%

ProShares Nasdaq-100 High Income ETF stock opened at $44.72 on Thursday. The stock’s 50 day simple moving average is $44.49 and its two-hundred day simple moving average is $42.03. The firm has a market cap of $296.49 million, a PE ratio of 34.31 and a beta of 1.09. ProShares Nasdaq-100 High Income ETF has a 12 month low of $33.00 and a 12 month high of $46.72.

ProShares Nasdaq-100 High Income ETF Profile

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.