Montag A & Associates Inc. Buys Shares of 3,356 ProShares Nasdaq-100 High Income ETF $IQQQ

Montag A & Associates Inc. purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) in the second quarter, HoldingsChannel.com reports. The fund purchased 3,356 shares of the company’s stock, valued at approximately $137,000.

A number of other institutional investors and hedge funds have also modified their holdings of IQQQ. Steward Partners Investment Advisory LLC increased its stake in ProShares Nasdaq-100 High Income ETF by 17.2% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 158,321 shares of the company’s stock valued at $6,151,000 after purchasing an additional 23,276 shares in the last quarter. Royal Bank of Canada grew its holdings in ProShares Nasdaq-100 High Income ETF by 163.0% in the first quarter. Royal Bank of Canada now owns 140,046 shares of the company’s stock valued at $5,441,000 after purchasing an additional 86,794 shares during the last quarter. Masso Torrence Wealth Management Inc. increased its position in shares of ProShares Nasdaq-100 High Income ETF by 7.8% in the second quarter. Masso Torrence Wealth Management Inc. now owns 96,821 shares of the company’s stock valued at $3,960,000 after buying an additional 7,001 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of 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 buying an additional 10,773 shares during the last quarter. Finally, PFG Investments LLC raised its stake in shares of 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.

ProShares Nasdaq-100 High Income ETF Trading Up 0.0%

Shares of NASDAQ IQQQ opened at $45.02 on Thursday. The stock has a market cap of $298.48 million, a price-to-earnings ratio of 34.31 and a beta of 1.09. ProShares Nasdaq-100 High Income ETF has a 52 week low of $33.00 and a 52 week high of $46.72. The company’s 50-day moving average price is $44.30 and its 200 day moving average price is $41.55.

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.