DeDora Capital Inc. Has $2.87 Million Stock Position in ProShares UltraPro QQQ (NASDAQ:TQQQ)

DeDora Capital Inc. lessened its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,504 shares of the exchange traded fund’s stock after selling 6,553 shares during the quarter. ProShares UltraPro QQQ makes up 1.0% of DeDora Capital Inc.’s investment portfolio, making the stock its 24th largest holding. DeDora Capital Inc.’s holdings in ProShares UltraPro QQQ were worth $2,865,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC grew its position in shares of ProShares UltraPro QQQ by 3.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 11,134 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 358 shares during the last quarter. Royal Bank of Canada grew its position in ProShares UltraPro QQQ by 79.1% in the 2nd quarter. Royal Bank of Canada now owns 1,107 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 489 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of ProShares UltraPro QQQ by 6.2% during the first quarter. Mercer Global Advisors Inc. ADV now owns 10,755 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 628 shares during the period. Laurel Wealth Advisors Inc. boosted its stake in ProShares UltraPro QQQ by 7.2% during the first quarter. Laurel Wealth Advisors Inc. now owns 11,704 shares of the exchange traded fund’s stock worth $681,000 after buying an additional 785 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in ProShares UltraPro QQQ by 9,910.0% in the 3rd quarter. National Bank of Canada FI now owns 1,001 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 991 shares during the period.

ProShares UltraPro QQQ Stock Performance

ProShares UltraPro QQQ stock traded down $0.39 during mid-day trading on Thursday, hitting $61.56. 43,423,137 shares of the company were exchanged, compared to its average volume of 73,219,961. ProShares UltraPro QQQ has a 1-year low of $25.17 and a 1-year high of $64.13. The business has a fifty day moving average of $58.79 and a 200 day moving average of $47.94.

ProShares UltraPro QQQ Announces Dividend

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

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.