Wealth Alliance Advisory Group LLC Reduces Stock Position in ProShares UltraPro QQQ $TQQQ

Wealth Alliance Advisory Group LLC lessened its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQFree Report) by 30.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,278 shares of the exchange traded fund’s stock after selling 2,771 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in ProShares UltraPro QQQ were worth $521,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TQQQ. Stuart Chaussee & Associates Inc. purchased a new position in ProShares UltraPro QQQ in the fourth quarter valued at $1,473,000. Blue Sky Capital Consultants Group Inc. purchased a new position in ProShares UltraPro QQQ in the fourth quarter valued at $1,964,000. Menard Financial Group LLC purchased a new position in ProShares UltraPro QQQ in the fourth quarter valued at $146,000. Alpha Wealth Funds LLC purchased a new position in ProShares UltraPro QQQ in the fourth quarter valued at $1,878,000. Finally, Howard Financial Services LTD. purchased a new position in ProShares UltraPro QQQ in the first quarter valued at $470,000.

ProShares UltraPro QQQ Price Performance

NASDAQ:TQQQ opened at $96.76 on Friday. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $97.37. The firm has a market capitalization of $29.82 billion, a PE ratio of 38.25 and a beta of 3.45. The business’s fifty day moving average price is $89.25 and its 200 day moving average price is $72.70.

ProShares UltraPro QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Wednesday, June 25th were paid a $0.2183 dividend. This is a boost from ProShares UltraPro QQQ’s previous quarterly dividend of $0.20. This represents a $0.87 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, June 25th.

ProShares UltraPro QQQ Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ProShares UltraPro QQQ (NASDAQ:TQQQ)

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