OLD National Bancorp IN Sells 210 Shares of ProShares UltraPro QQQ $TQQQ

OLD National Bancorp IN reduced its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 91,761 shares of the exchange traded fund’s stock after selling 210 shares during the period. OLD National Bancorp IN’s holdings in ProShares UltraPro QQQ were worth $7,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new stake in shares of ProShares UltraPro QQQ during the second quarter worth $395,951,000. Jump Financial LLC bought a new position in ProShares UltraPro QQQ during the first quarter worth about $53,458,000. Goldman Sachs Group Inc. increased its position in ProShares UltraPro QQQ by 4,237.0% during the first quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock worth $29,821,000 after acquiring an additional 508,444 shares during the period. Oriental Harbor Investment Fund raised its stake in ProShares UltraPro QQQ by 47.3% in the 1st quarter. Oriental Harbor Investment Fund now owns 1,515,410 shares of the exchange traded fund’s stock worth $86,488,000 after purchasing an additional 486,506 shares in the last quarter. Finally, TB Alternative Assets Ltd. bought a new stake in ProShares UltraPro QQQ in the 1st quarter valued at about $26,495,000.

ProShares UltraPro QQQ Trading Down 1.4%

Shares of TQQQ opened at $104.70 on Monday. ProShares UltraPro QQQ has a 12 month low of $35.00 and a 12 month high of $106.87. The firm’s 50 day moving average is $94.15 and its 200-day moving average is $76.66. The stock has a market capitalization of $28.00 billion, a PE ratio of 38.25 and a beta of 3.45.

ProShares UltraPro QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, September 24th.

ProShares UltraPro QQQ Company 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.