Wealth Architects LLC cut its position in ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,982 shares of the exchange traded fund’s stock after selling 790 shares during the quarter. Wealth Architects LLC’s holdings in ProShares UltraPro QQQ were worth $869,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in TQQQ. Oriental Harbor Investment Fund bought a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at $82,199,000. BNP Paribas Financial Markets bought a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at $21,747,000. Tidal Investments LLC bought a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at $11,598,000. SBI Securities Co. Ltd. bought a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at $9,970,000. Finally, PPSC Investment Service Corp raised its stake in shares of ProShares UltraPro QQQ by 17.5% in the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund’s stock valued at $35,325,000 after buying an additional 66,582 shares during the period.
ProShares UltraPro QQQ Price Performance
Shares of TQQQ opened at $62.14 on Monday. The firm has a market cap of $19.08 billion, a PE ratio of 30.83 and a beta of 3.45. The stock’s fifty day moving average price is $79.27 and its two-hundred day moving average price is $77.12. ProShares UltraPro QQQ has a 1 year low of $48.80 and a 1 year high of $93.79.
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.
Read More
- Five stocks we like better than ProShares UltraPro QQQ
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- How to Build the Ultimate Everything ETF Portfolio
- How to Invest in Blue Chip Stocks
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- Conference Calls and Individual Investors
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for ProShares UltraPro QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro QQQ and related companies with MarketBeat.com's FREE daily email newsletter.