Wick Capital Partners LLC grew its holdings in ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Free Report) by 430.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,578 shares of the company’s stock after acquiring an additional 71,056 shares during the period. Wick Capital Partners LLC owned about 1.10% of ProShares Nasdaq-100 High Income ETF worth $3,895,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the stock. Raymond James Financial Inc. lifted its position in shares of ProShares Nasdaq-100 High Income ETF by 778.5% during the 2nd quarter. Raymond James Financial Inc. now owns 726,316 shares of the company’s stock worth $29,706,000 after purchasing an additional 643,640 shares during the last quarter. Bank of America Corp DE raised its position in ProShares Nasdaq-100 High Income ETF by 188.7% in the 3rd quarter. Bank of America Corp DE now owns 796,205 shares of the company’s stock valued at $35,073,000 after purchasing an additional 520,437 shares during the last quarter. LPL Financial LLC boosted its stake in shares of ProShares Nasdaq-100 High Income ETF by 37.6% during the fourth quarter. LPL Financial LLC now owns 388,743 shares of the company’s stock worth $17,291,000 after buying an additional 106,307 shares during the period. Farther Finance Advisors LLC acquired a new stake in ProShares Nasdaq-100 High Income ETF during the 4th quarter worth approximately $4,317,000. Finally, Royal Bank of Canada lifted its holdings in shares of ProShares Nasdaq-100 High Income ETF by 163.0% during the first quarter. Royal Bank of Canada now owns 140,046 shares of the company’s stock worth $5,441,000 after purchasing an additional 86,794 shares during the period.
ProShares Nasdaq-100 High Income ETF Stock Up 2.6%
Shares of NASDAQ:IQQQ opened at $50.92 on Friday. The company has a market cap of $418.56 million, a price-to-earnings ratio of 34.31 and a beta of 1.20. ProShares Nasdaq-100 High Income ETF has a fifty-two week low of $38.80 and a fifty-two week high of $51.66. The firm’s 50-day simple moving average is $48.19 and its 200-day simple moving average is $45.55.
ProShares Nasdaq-100 High Income ETF Cuts Dividend
ProShares Nasdaq-100 High Income ETF Company 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.
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