DeDora Capital Inc. Lowers Holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ)

DeDora Capital Inc. lessened its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 10.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 56,504 shares of the exchange traded fund’s stock after selling 6,553 shares during the period. ProShares UltraPro QQQ comprises 1.0% of DeDora Capital Inc.’s holdings, making the stock its 24th biggest position. DeDora Capital Inc.’s holdings in ProShares UltraPro QQQ were worth $2,865,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. SeaCrest Wealth Management LLC boosted its stake in ProShares UltraPro QQQ by 6.4% in the 4th quarter. SeaCrest Wealth Management LLC now owns 35,523 shares of the exchange traded fund’s stock worth $1,801,000 after purchasing an additional 2,146 shares in the last quarter. Bouchey Financial Group Ltd acquired a new position in shares of ProShares UltraPro QQQ during the 4th quarter worth approximately $208,000. Kingswood Wealth Advisors LLC lifted its position in shares of ProShares UltraPro QQQ by 18.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 27,182 shares of the exchange traded fund’s stock valued at $1,378,000 after buying an additional 4,233 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in ProShares UltraPro QQQ in the 4th quarter worth $259,000. Finally, CHURCHILL MANAGEMENT Corp acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $7,033,000.

ProShares UltraPro QQQ Trading Down 0.6 %

ProShares UltraPro QQQ stock traded down $0.39 during midday trading on Thursday, reaching $61.56. The company had a trading volume of 43,423,137 shares, compared to its average volume of 73,219,961. The firm’s fifty day simple moving average is $58.79 and its 200-day simple moving average is $47.94. ProShares UltraPro QQQ has a 12-month low of $25.17 and a 12-month high of $64.13.

ProShares UltraPro QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were paid a $0.2151 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

About ProShares UltraPro QQQ

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.