Koshinski Asset Management Inc. Purchases 10,087 Shares of ProShares UltraPro QQQ $TQQQ

Koshinski Asset Management Inc. raised its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 140.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,259 shares of the exchange traded fund’s stock after purchasing an additional 10,087 shares during the quarter. Koshinski Asset Management Inc.’s holdings in ProShares UltraPro QQQ were worth $719,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. WFA of San Diego LLC bought a new position in shares of ProShares UltraPro QQQ during the second quarter worth about $25,000. CoreCap Advisors LLC lifted its stake in ProShares UltraPro QQQ by 69.8% in the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 240 shares in the last quarter. BOKF NA acquired a new position in ProShares UltraPro QQQ during the 3rd quarter worth approximately $31,000. Rothschild Investment LLC boosted its position in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 350 shares during the last quarter. Finally, Dogwood Wealth Management LLC bought a new position in shares of ProShares UltraPro QQQ during the 4th quarter worth approximately $44,000.

ProShares UltraPro QQQ Trading Down 6.8%

Shares of NASDAQ TQQQ traded down $5.19 during midday trading on Tuesday, reaching $71.23. The company’s stock had a trading volume of 28,462,763 shares, compared to its average volume of 89,990,742. The stock has a market capitalization of $34.15 billion, a price-to-earnings ratio of 38.25 and a beta of 3.69. ProShares UltraPro QQQ has a fifty-two week low of $37.32 and a fifty-two week high of $88.09. The stock has a 50 day simple moving average of $76.08 and a 200-day simple moving average of $59.69.

About ProShares UltraPro QQQ

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.