20,000 Shares in ProShares UltraPro QQQ (NASDAQ:TQQQ) Purchased by WT Asset Management Ltd

WT Asset Management Ltd bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,000 shares of the exchange traded fund's stock, valued at approximately $1,476,000. ProShares UltraPro QQQ makes up about 0.1% of WT Asset Management Ltd's holdings, making the stock its 22nd biggest holding.Get ProShares UltraPro QQQ alerts:A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Signature Resources Capital Management LLC bought a new position in ProShares UltraPro QQQ in the 4th quarter valued at $29,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth $37,000. Westend Capital Management LLC purchased a new stake in ProShares UltraPro QQQ in the 1st quarter worth about $48,000. Massmutual Trust Co. FSB ADV bought a new stake in ProShares UltraPro QQQ in the 1st quarter valued at about $63,000. Finally, VitalStone Financial LLC lifted its holdings in ProShares UltraPro QQQ by 1,513.2% during the fourth quarter. VitalStone Financial LLC now owns 1,952 shares of the exchange traded fund's stock valued at $99,000 after purchasing an additional 1,831 shares during the last quarter. ProShares UltraPro QQQ Stock PerformanceShares of TQQQ stock traded up $2.15 during trading on Friday, reaching $70.53. 64,376,646 shares of the company's stock traded hands, compared to its average volume of 64,507,645. ProShares UltraPro QQQ has a 1 year low of $30.47 and a 1 year high of $85.20. The firm's 50-day moving average is $70.95 and its 200 day moving average is $64.06. ProShares UltraPro QQQ Increases DividendThe business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were issued a dividend of $0.2828 per share. This is a boost from ProShares UltraPro QQQ's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, June 26th. This represents a $1.13 dividend on an annualized basis and a yield of 1.60%. ProShares UltraPro QQQ Company 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.Read MoreFive stocks we like better than ProShares UltraPro QQQThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberCAVA Stock Rallies as Earnings Confirm It’s a Top Growth PlayHow to Use Stock Screeners to Find StocksMarketBeat Week in Review – 8/19 - 8/23What Is WallStreetBets and What Stocks Are They Targeting?3 High Short-Interest Stocks Poised for a Rate Cut SqueezeWant to see what other hedge funds are holding TQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Trump is sounding the alarm (From Preserve Gold) (Ad)Should you invest $1,000 in ProShares UltraPro QQQ right now?Before you consider ProShares UltraPro QQQ, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro QQQ wasn't on the list.While ProShares UltraPro QQQ currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here