Lido Advisors LLC Purchases Shares of 19,635 ProShares Nasdaq-100 High Income ETF $IQQQ

Lido Advisors LLC purchased a new stake in shares of ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 19,635 shares of the company’s stock, valued at approximately $819,000. Lido Advisors LLC owned about 0.24% of ProShares Nasdaq-100 High Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. CAP Partners LLC increased its position in shares of ProShares Nasdaq-100 High Income ETF by 6.5% in the first quarter. CAP Partners LLC now owns 8,952 shares of the company’s stock worth $373,000 after purchasing an additional 550 shares during the last quarter. Kestra Advisory Services LLC lifted its position in ProShares Nasdaq-100 High Income ETF by 102.9% during the first quarter. Kestra Advisory Services LLC now owns 10,633 shares of the company’s stock valued at $443,000 after purchasing an additional 5,392 shares during the last quarter. PFG Investments LLC lifted its position in ProShares Nasdaq-100 High Income ETF by 12.6% during the first quarter. PFG Investments LLC now owns 71,773 shares of the company’s stock valued at $2,992,000 after purchasing an additional 8,052 shares during the last quarter. Essex Financial Services Inc. grew its stake in ProShares Nasdaq-100 High Income ETF by 6.3% in the 1st quarter. Essex Financial Services Inc. now owns 25,245 shares of the company’s stock worth $1,053,000 after buying an additional 1,490 shares in the last quarter. Finally, SageGuard Financial Group LLC grew its stake in ProShares Nasdaq-100 High Income ETF by 68.1% in the 1st quarter. SageGuard Financial Group LLC now owns 69,441 shares of the company’s stock worth $2,895,000 after buying an additional 28,136 shares in the last quarter.

ProShares Nasdaq-100 High Income ETF Price Performance

Shares of NASDAQ:IQQQ opened at $46.28 on Wednesday. The company’s fifty day moving average price is $49.37 and its 200-day moving average price is $46.33. The firm has a market capitalization of $387.36 million, a price-to-earnings ratio of 34.31 and a beta of 1.19. ProShares Nasdaq-100 High Income ETF has a one year low of $40.43 and a one year high of $51.66.

ProShares Nasdaq-100 High Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were given a $0.4592 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 11.9%.

ProShares Nasdaq-100 High Income ETF Company Profile

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.