11,685 Shares in ProShares UltraPro QQQ $TQQQ Acquired by Surience Private Wealth LLC

Surience Private Wealth LLC acquired a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,685 shares of the exchange traded fund’s stock, valued at approximately $912,000. ProShares UltraPro QQQ comprises approximately 0.9% of Surience Private Wealth LLC’s holdings, making the stock its 27th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PPSC Investment Service Corp lifted its stake in ProShares UltraPro QQQ by 2.5% in the first quarter. PPSC Investment Service Corp now owns 1,279,774 shares of the exchange traded fund’s stock valued at $53,341,000 after acquiring an additional 30,989 shares during the last quarter. Independent Financial Group LLC acquired a new position in shares of ProShares UltraPro QQQ during the 1st quarter worth $12,430,000. Group One Trading LLC increased its stake in shares of ProShares UltraPro QQQ by 5.9% during the 1st quarter. Group One Trading LLC now owns 295,031 shares of the exchange traded fund’s stock worth $12,297,000 after purchasing an additional 16,405 shares during the last quarter. IMC Chicago LLC raised its holdings 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 valued at $12,067,000 after purchasing an additional 215,397 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of ProShares UltraPro QQQ by 85.4% during the 4th quarter. Corient Private Wealth LLC now owns 200,040 shares of the exchange traded fund’s stock valued at $10,546,000 after purchasing an additional 92,125 shares in the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock traded down $5.61 on Friday, hitting $68.21. The company’s stock had a trading volume of 87,764,279 shares, compared to its average volume of 77,491,117. ProShares UltraPro QQQ has a fifty-two week low of $37.32 and a fifty-two week high of $88.09. The firm’s fifty day moving average price is $74.59 and its 200-day moving average price is $71.03. The stock has a market capitalization of $33.16 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71.

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.