ProShares UltraPro QQQ $TQQQ Shares Bought by Founders Financial Securities LLC

Founders Financial Securities LLC lifted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 86.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,348 shares of the exchange traded fund’s stock after purchasing an additional 7,600 shares during the period. Founders Financial Securities LLC’s holdings in ProShares UltraPro QQQ were worth $862,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC acquired a new position in shares of ProShares UltraPro QQQ in the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC increased its position in shares of ProShares UltraPro QQQ by 69.8% in the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 240 shares in the last quarter. BOKF NA purchased a new position in shares of ProShares UltraPro QQQ in the third quarter worth approximately $31,000. Rothschild Investment LLC increased its position in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 350 shares in the last quarter. Finally, Dogwood Wealth Management LLC purchased a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth approximately $44,000.

ProShares UltraPro QQQ Price Performance

ProShares UltraPro QQQ stock opened at $86.04 on Tuesday. The firm’s 50 day simple moving average is $61.29 and its 200-day simple moving average is $55.32. The company has a market cap of $42.43 billion, a P/E ratio of 38.25 and a beta of 3.66. ProShares UltraPro QQQ has a fifty-two week low of $34.35 and a fifty-two week high of $87.06.

ProShares UltraPro QQQ Company 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.