SYM FINANCIAL Corp Invests $144,000 in ProShares UltraPro QQQ $TQQQ

SYM FINANCIAL Corp purchased a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 1,732 shares of the exchange traded fund’s stock, valued at approximately $144,000.

Several other large investors have also recently made changes to their positions in the stock. Ameritas Advisory Services LLC bought a new position in ProShares UltraPro QQQ in the second quarter worth about $25,000. MRP Capital Investments LLC bought a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $29,000. Columbia River Financial Group LLC bought a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $47,000. Keystone Financial Group Inc. bought a new position in shares of ProShares UltraPro QQQ during the 2nd quarter worth approximately $48,000. Finally, Bogart Wealth LLC bought a new position in shares of ProShares UltraPro QQQ during the 2nd quarter worth approximately $58,000.

ProShares UltraPro QQQ Stock Up 2.3%

NASDAQ TQQQ opened at $119.09 on Wednesday. The company has a 50 day moving average price of $99.73 and a 200 day moving average price of $82.94. The firm has a market cap of $31.96 billion, a PE ratio of 38.25 and a beta of 3.46. ProShares UltraPro QQQ has a 52 week low of $35.00 and a 52 week high of $120.08.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were given a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, September 24th.

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.