Family Capital Management Inc. Sells 2,476 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Family Capital Management Inc. lowered its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 34.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,789 shares of the exchange traded fund’s stock after selling 2,476 shares during the quarter. Family Capital Management Inc.’s holdings in ProShares UltraPro QQQ were worth $243,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in ProShares UltraPro QQQ by 104.5% during the 2nd quarter. Jane Street Group LLC now owns 162,916 shares of the exchange traded fund’s stock valued at $3,910,000 after purchasing an additional 3,819,585 shares during the last quarter. Osaic Holdings Inc. raised its position in ProShares UltraPro QQQ by 155,339.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,977,190 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 1,975,918 shares during the last quarter. Jump Financial LLC boosted its stake in ProShares UltraPro QQQ by 285.6% in the third quarter. Jump Financial LLC now owns 963,221 shares of the exchange traded fund’s stock worth $34,310,000 after purchasing an additional 713,425 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of ProShares UltraPro QQQ by 1,200.2% during the second quarter. Goldman Sachs Group Inc. now owns 519,000 shares of the exchange traded fund’s stock worth $21,279,000 after purchasing an additional 479,082 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at $24,056,000.

ProShares UltraPro QQQ Stock Down 1.8 %

NASDAQ TQQQ traded down $0.96 on Thursday, hitting $52.75. 85,451,563 shares of the company were exchanged, compared to its average volume of 73,534,711. ProShares UltraPro QQQ has a 1-year low of $25.17 and a 1-year high of $64.13. The firm has a 50 day moving average of $59.69 and a two-hundred day moving average of $50.08.

ProShares UltraPro QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were given a dividend of $0.2151 per share. The ex-dividend date was Wednesday, March 20th.

ProShares UltraPro QQQ Company 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.