Parallel Advisors LLC raised its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 100.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 24,733 shares of the exchange traded fund’s stock after acquiring an additional 12,379 shares during the period. Parallel Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $1,304,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. WFA of San Diego LLC acquired a new position in ProShares UltraPro QQQ in the 2nd quarter valued at $25,000. BOKF NA acquired a new position in ProShares UltraPro QQQ in the 3rd quarter valued at $31,000. CoreCap Advisors LLC raised its holdings 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 during the last quarter. Rothschild Investment LLC raised its holdings in ProShares UltraPro QQQ by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 350 shares during the last quarter. Finally, Dogwood Wealth Management LLC acquired a new position in ProShares UltraPro QQQ in the 4th quarter valued at $44,000.
ProShares UltraPro QQQ Stock Performance
Shares of TQQQ opened at $73.05 on Monday. The stock has a fifty day moving average of $64.43 and a two-hundred day moving average of $56.17. The company has a market capitalization of $36.02 billion, a PE ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a fifty-two week low of $35.71 and a fifty-two week high of $88.09.
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.
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