SageGuard Financial Group LLC Buys 28,136 Shares of ProShares Nasdaq-100 High Income ETF $IQQQ

SageGuard Financial Group LLC increased its stake in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) by 68.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,441 shares of the company’s stock after purchasing an additional 28,136 shares during the quarter. SageGuard Financial Group LLC owned approximately 0.85% of ProShares Nasdaq-100 High Income ETF worth $2,895,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cary Street Partners Financial LLC grew its stake in shares of ProShares Nasdaq-100 High Income ETF by 5.4% during the fourth quarter. Cary Street Partners Financial LLC now owns 6,640 shares of the company’s stock worth $295,000 after buying an additional 340 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of ProShares Nasdaq-100 High Income ETF by 4.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,856 shares of the company’s stock worth $394,000 after buying an additional 398 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of ProShares Nasdaq-100 High Income ETF by 441.3% in the 2nd quarter. NewEdge Advisors LLC now owns 655 shares of the company’s stock valued at $27,000 after acquiring an additional 534 shares during the last quarter. Creative Planning boosted its holdings in shares of ProShares Nasdaq-100 High Income ETF by 5.5% during the 3rd quarter. Creative Planning now owns 13,408 shares of the company’s stock valued at $591,000 after acquiring an additional 695 shares in the last quarter. Finally, &PARTNERS grew its position in ProShares Nasdaq-100 High Income ETF by 7.1% during the 4th quarter. &PARTNERS now owns 18,366 shares of the company’s stock worth $817,000 after acquiring an additional 1,214 shares during the last quarter.

ProShares Nasdaq-100 High Income ETF Price Performance

Shares of IQQQ opened at $48.86 on Monday. The stock has a market cap of $401.63 million, a PE ratio of 34.31 and a beta of 1.20. ProShares Nasdaq-100 High Income ETF has a 12-month low of $40.21 and a 12-month high of $51.66. The business has a 50-day simple moving average of $48.91 and a two-hundred day simple moving average of $45.75.

ProShares Nasdaq-100 High Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were issued a dividend of $0.243 per share. The ex-dividend date was Monday, June 1st.

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.