Ivy ProShares Russell 2000 Dividend Growers Index Fund (TQQQ) Shares Scheduled to Split on Thursday, May 24th

Ivy ProShares Russell 2000 Dividend Growers Index Fund (NASDAQ:TQQQ) shares are going to split before the market opens on Thursday, May 24th. The 3-1 split was announced on Wednesday, May 9th. The newly minted shares will be issued to shareholders after the market closes on Wednesday, May 23rd.

TQQQ stock opened at $166.50 on Friday. Ivy ProShares Russell 2000 Dividend Growers Index Fund has a 52-week low of $164.31 and a 52-week high of $167.60.

Several hedge funds have recently added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV acquired a new stake in shares of Ivy ProShares Russell 2000 Dividend Growers Index Fund during the first quarter valued at approximately $745,000. Linscomb & Williams Inc. purchased a new position in Ivy ProShares Russell 2000 Dividend Growers Index Fund during the first quarter valued at approximately $410,000. Intercontinental Wealth Advisors LLC grew its position in Ivy ProShares Russell 2000 Dividend Growers Index Fund by 2.3% during the fourth quarter. Intercontinental Wealth Advisors LLC now owns 26,630 shares of the exchange traded fund’s stock valued at $3,694,000 after purchasing an additional 605 shares in the last quarter. Jump Trading LLC purchased a new position in Ivy ProShares Russell 2000 Dividend Growers Index Fund during the fourth quarter valued at approximately $694,000. Finally, OLD Mission Capital LLC purchased a new position in Ivy ProShares Russell 2000 Dividend Growers Index Fund during the fourth quarter valued at approximately $486,000.

About Ivy ProShares Russell 2000 Dividend Growers Index Fund

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.

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