Group One Trading LLC Acquires 16,405 Shares of ProShares UltraPro QQQ $TQQQ

Group One Trading LLC raised its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 5.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 295,031 shares of the exchange traded fund’s stock after purchasing an additional 16,405 shares during the quarter. Group One Trading LLC’s holdings in ProShares UltraPro QQQ were worth $12,297,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TQQQ. WFA of San Diego LLC acquired a new stake in shares of ProShares UltraPro QQQ during the second quarter worth $25,000. CoreCap Advisors LLC lifted its stake in ProShares UltraPro QQQ by 69.8% in the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 240 shares during the period. BOKF NA acquired a new position in ProShares UltraPro QQQ in the third quarter valued at about $31,000. Rothschild Investment LLC lifted its stake in ProShares UltraPro QQQ by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 350 shares during the period. Finally, Dogwood Wealth Management LLC bought a new position in ProShares UltraPro QQQ during the fourth quarter worth about $44,000.

ProShares UltraPro QQQ Trading Down 1.5%

ProShares UltraPro QQQ stock opened at $70.28 on Thursday. The firm has a market capitalization of $34.15 billion, a P/E ratio of 38.25 and a beta of 3.69. ProShares UltraPro QQQ has a 1 year low of $37.32 and a 1 year high of $88.09. The business has a 50-day moving average of $76.90 and a 200-day moving average of $61.27.

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.