Transform Wealth LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,959 shares of the exchange traded fund’s stock, valued at approximately $244,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TQQQ. IMC Chicago LLC lifted its holdings in shares of ProShares UltraPro QQQ by 1,635.6% during the fourth quarter. IMC Chicago LLC now owns 9,191,741 shares of the exchange traded fund’s stock worth $466,021,000 after purchasing an additional 8,662,153 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in shares of ProShares UltraPro QQQ during the fourth quarter worth $24,056,000. Howard Capital Management Inc. acquired a new position in shares of ProShares UltraPro QQQ during the fourth quarter worth $17,511,000. CHURCHILL MANAGEMENT Corp acquired a new position in shares of ProShares UltraPro QQQ during the fourth quarter worth $7,033,000. Finally, Corient Private Wealth LLC lifted its holdings in shares of ProShares UltraPro QQQ by 2.5% during the fourth quarter. Corient Private Wealth LLC now owns 118,959 shares of the exchange traded fund’s stock worth $6,031,000 after purchasing an additional 2,870 shares during the period.
ProShares UltraPro QQQ Price Performance
TQQQ stock traded up $0.25 during midday trading on Friday, hitting $75.25. The stock had a trading volume of 36,105,449 shares, compared to its average volume of 64,785,555. ProShares UltraPro QQQ has a 1-year low of $30.47 and a 1-year high of $77.72. The business has a fifty day moving average price of $63.87 and a two-hundred day moving average price of $58.65.
ProShares UltraPro QQQ Increases Dividend
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.
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