ProShares UltraPro QQQ (NASDAQ:TQQQ) Shares Bought by Millington Financial Advisors LLC

Millington Financial Advisors LLC lifted its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 2.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,148 shares of the exchange traded fund’s stock after acquiring an additional 412 shares during the period. Millington Financial Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $920,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Flagstar Advisors Inc. lifted its position in ProShares UltraPro QQQ by 0.4% during the 4th quarter. Flagstar Advisors Inc. now owns 53,439 shares of the exchange traded fund’s stock worth $2,709,000 after acquiring an additional 233 shares during the period. Signaturefd LLC grew its position in ProShares UltraPro QQQ by 9.6% during the 4th quarter. Signaturefd LLC now owns 4,798 shares of the exchange traded fund’s stock worth $243,000 after purchasing an additional 422 shares during the period. Sandy Spring Bank raised its stake in shares of ProShares UltraPro QQQ by 1,113.0% during the 4th quarter. Sandy Spring Bank now owns 558 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 512 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of ProShares UltraPro QQQ by 9,910.0% in the 3rd quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 991 shares during the period. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of ProShares UltraPro QQQ in the fourth quarter worth about $51,000.

ProShares UltraPro QQQ Stock Up 4.5 %

TQQQ stock traded up $2.27 during trading on Tuesday, hitting $53.19. 75,363,975 shares of the company traded hands, compared to its average volume of 74,197,438. ProShares UltraPro QQQ has a 1 year low of $25.17 and a 1 year high of $64.13. The stock’s 50-day simple moving average is $59.12 and its 200 day simple moving average is $50.62.

ProShares UltraPro QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were paid a $0.2151 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

ProShares UltraPro QQQ Profile

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments.