Lifestyle Asset Management Inc. Sells 509 Shares of ProShares UltraPro QQQ (NASDAQ:TQQQ)

Lifestyle Asset Management Inc. lowered its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 16.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,643 shares of the exchange traded fund’s stock after selling 509 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in ProShares UltraPro QQQ were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. RPg Family Wealth Advisory LLC purchased a new position in ProShares UltraPro QQQ during the third quarter valued at approximately $32,000. Signaturefd LLC lifted its stake in shares of ProShares UltraPro QQQ by 153.8% during the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund’s stock valued at $78,000 after buying an additional 655 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in ProShares UltraPro QQQ by 235.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund’s stock worth $112,000 after buying an additional 1,082 shares during the period. Carnegie Investment Counsel purchased a new stake in ProShares UltraPro QQQ in the 4th quarter worth $214,000. Finally, Ironwood Wealth Management LLC. purchased a new stake in ProShares UltraPro QQQ in the 2nd quarter worth $236,000.

ProShares UltraPro QQQ Stock Performance

Shares of ProShares UltraPro QQQ stock opened at $88.34 on Friday. The stock’s 50-day simple moving average is $82.53 and its 200-day simple moving average is $74.58. ProShares UltraPro QQQ has a 52 week low of $48.80 and a 52 week high of $93.79.

ProShares UltraPro QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.2754 dividend. This is an increase from ProShares UltraPro QQQ’s previous dividend of $0.23. The ex-dividend date was Monday, December 23rd.

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.