ProShares UltraPro QQQ $TQQQ Position Lifted by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC raised its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 125.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,680 shares of the exchange traded fund’s stock after acquiring an additional 17,631 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $1,670,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. WFA of San Diego LLC bought a new position in ProShares UltraPro QQQ during the 2nd quarter valued at $25,000. CoreCap Advisors LLC boosted its stake in ProShares UltraPro QQQ by 69.8% during the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 240 shares during the last quarter. BOKF NA acquired a new stake in shares of ProShares UltraPro QQQ during the third quarter worth $31,000. Rothschild Investment LLC raised its holdings in shares of ProShares UltraPro QQQ by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 350 shares during the period. Finally, Dogwood Wealth Management LLC acquired a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth $44,000.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ:TQQQ opened at $77.52 on Monday. The stock has a market capitalization of $38.23 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 1-year low of $35.71 and a 1-year high of $88.09. The company’s fifty day moving average is $67.83 and its two-hundred day moving average is $57.07.

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.