Millington Financial Advisors LLC Makes New $315,000 Investment in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Financial Advisors


Millington Financial Advisors LLC purchased new shares in ProShares UltraPro QQQ (NASDAQ:TQQQ – Get Rating) in the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission. The Fund purchased 18,237 shares of exchange-traded fund stock valued at approximately $315,000.

Other institutional investors and hedge funds have also recently changed positions in the company. Accurate Wealth Management LLC acquired a new position worth $27,000 in his ProShares UltraPro QQQ shares in the fourth quarter. JTC Employer Solutions Trustee Ltd purchased a new stake in his ProShares UltraPro QQQ worth approximately $30,000 in the fourth quarter. MinichMacGregor Wealth Management LLC acquired a new stake in his ProShares UltraPro QQQ in the fourth quarter for $39,000. CENTRAL TRUST Co increased its position in ProShares UltraPro QQQ by 32.3% in the fourth quarter. CENTRAL TRUST Co now owns 3,469 shares of exchange-traded fund valued at $60,000 after purchasing an additional 847 shares during the previous quarter. Finally, Romano Brothers AND Company acquired new shares of his ProShares UltraPro QQQ for his $86,000 in the fourth quarter.

ProShares UltraPro QQQ stock up 4.5%

Shares of TQQQ climbed $1.19 in midday trading on Friday to reach $27.77. 55,836,661 shares of stock were exchanged, with an average turnover of 168,477,969 shares. ProShares UltraPro QQQ has a 12 month low of $16.10 and a 12 month high of $39.38. The stock has a 50-day simple moving average of $27.09 and a 200-day simple moving average of $24.86.

ProShares UltraPro QQQ Increases Dividend

The company also recently announced its quarterly dividend, which was paid on Wednesday, March 29. Investors of record on Thursday, March 23 were awarded a dividend of $0.15 per share. This is an increase from ProShares UltraPro QQQ’s previous quarterly dividend of $0.10. That represents an annualized dividend of $0.60 and his 2.16% dividend yield. The ex-dividend date was Wednesday, March 22nd.

ProShares UltraPro QQQ Company Profile

(get rating)

The Proshares UltraPro QQQ ETF (Fund) seeks daily investment results before deducting fees and expenses equal to three times (300%) the daily performance of the NASDAQ-100 Index (Index). The Fund invests in derivatives such as stocks, futures contracts, swap contracts and money market instruments.

References

ProShares UltraPro QQQ (NASDAQ:TQQQ) Quarterly Institutional Ownership

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

Listen to this before considering the ProShares UltraPro QQQ.

MarketBeat tracks Wall Street’s most acclaimed and top performing research analysts and the stocks they recommend to clients every day. MarketBeat has identified 5 stocks top analysts are quietly whispering to their clients to buy now before the broader market catches on…and ProShares UltraPro QQQ is not on the list. bottom.

ProShares UltraPro QQQ currently has a ‘hold’ rating among analysts, but top rated analysts believe these five stocks are better buys.

See 5 stocks here

13 Stocks Institutional Investors Won't Stop Buying Cover



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *