ProShares UltraPro QQQ $TQQQ Stock Sold by Thor Trading Advisors LLC

Thor Trading Advisors LLC decreased its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 36.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,500 shares of the exchange traded fund’s stock after selling 18,587 shares during the quarter. ProShares UltraPro QQQ makes up about 0.9% of Thor Trading Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Thor Trading Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $2,536,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TQQQ. Independent Financial Group LLC acquired a new position in ProShares UltraPro QQQ during the first quarter valued at approximately $12,430,000. Finward Bancorp acquired a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth approximately $4,167,000. Turner Capital Investments LLC acquired a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth approximately $11,510,000. IMC Chicago LLC increased its position in shares of ProShares UltraPro QQQ by 290.6% during the 1st quarter. IMC Chicago LLC now owns 289,517 shares of the exchange traded fund’s stock worth $12,067,000 after purchasing an additional 215,397 shares during the last quarter. Finally, Citizens Financial Group Inc. RI bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter worth approximately $1,896,000.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ opened at $56.56 on Wednesday. The firm has a 50-day moving average of $71.61 and a 200-day moving average of $65.56. ProShares UltraPro QQQ has a one year low of $37.32 and a one year high of $88.09. The company has a market cap of $30.50 billion, a PE ratio of 38.25 and a beta of 3.75.

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.