World Investment Advisors Raises Holdings in ProShares UltraPro QQQ $TQQQ

World Investment Advisors grew its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 78.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,857 shares of the exchange traded fund’s stock after purchasing an additional 24,031 shares during the period. World Investment Advisors’ holdings in ProShares UltraPro QQQ were worth $2,892,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. WFA of San Diego LLC bought a new position in shares of ProShares UltraPro QQQ during the second quarter valued at $25,000. CoreCap Advisors LLC increased 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 worth $31,000 after buying an additional 240 shares in the last quarter. BOKF NA bought a new stake in ProShares UltraPro QQQ in the 3rd quarter worth about $31,000. Rothschild Investment LLC raised its position 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 worth $37,000 after buying an additional 350 shares during the last quarter. Finally, Dogwood Wealth Management LLC purchased a new position in ProShares UltraPro QQQ in the 4th quarter worth about $44,000.

ProShares UltraPro QQQ Stock Performance

TQQQ opened at $82.87 on Friday. The stock has a market capitalization of $40.87 billion, a P/E ratio of 38.25 and a beta of 3.71. The company’s 50-day simple moving average is $71.52 and its two-hundred day simple moving average is $58.03. ProShares UltraPro QQQ has a 52-week low of $35.71 and a 52-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.