World Investment Advisors Has $2.86 Million Stock Holdings in ProShares UltraPro QQQ $TQQQ

World Investment Advisors grew its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 78.0% during the fourth quarter, Holdings Channel reports. The firm owned 54,857 shares of the exchange traded fund’s stock after acquiring an additional 24,031 shares during the quarter. World Investment Advisors’ holdings in ProShares UltraPro QQQ were worth $2,861,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA of San Diego LLC bought a new position in ProShares UltraPro QQQ during the second quarter worth $25,000. CoreCap Advisors LLC boosted its stake in ProShares UltraPro QQQ by 69.8% during the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 240 shares in the last quarter. BOKF NA bought a new position in ProShares UltraPro QQQ during the third quarter worth $31,000. Dogwood Wealth Management LLC bought a new position in ProShares UltraPro QQQ during the fourth quarter worth $44,000. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in ProShares UltraPro QQQ by 100.0% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 426 shares in the last quarter.

ProShares UltraPro QQQ Stock Down 4.6%

Shares of NASDAQ TQQQ opened at $75.34 on Friday. The firm has a market cap of $37.15 billion, a PE ratio of 38.25 and a beta of 3.66. ProShares UltraPro QQQ has a 12-month low of $32.43 and a 12-month high of $79.68. The company’s fifty day simple moving average is $54.32 and its 200 day simple moving average is $53.60.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.