ProShares UltraPro QQQ $TQQQ Stock Position Lifted by Rathbones Group PLC

Rathbones Group PLC grew its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 97.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,966 shares of the exchange traded fund’s stock after buying an additional 15,773 shares during the period. Rathbones Group PLC’s holdings in ProShares UltraPro QQQ were worth $1,685,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Howard Capital Management Inc. lifted its holdings in ProShares UltraPro QQQ by 83.6% during the 4th quarter. Howard Capital Management Inc. now owns 8,465,262 shares of the exchange traded fund’s stock worth $446,289,000 after buying an additional 3,855,510 shares during the last quarter. Oriental Harbor Investment Master Fund lifted its holdings in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock worth $126,614,000 after buying an additional 1,200,820 shares during the last quarter. PPSC Investment Service Corp lifted its holdings in ProShares UltraPro QQQ by 116.1% during the 4th quarter. PPSC Investment Service Corp now owns 1,248,785 shares of the exchange traded fund’s stock worth $65,836,000 after buying an additional 671,023 shares during the last quarter. McElhenny Sheffield Capital Management LLC lifted its holdings in ProShares UltraPro QQQ by 77.7% during the 4th quarter. McElhenny Sheffield Capital Management LLC now owns 1,213,489 shares of the exchange traded fund’s stock worth $63,975,000 after buying an additional 530,708 shares during the last quarter. Finally, Cantor Fitzgerald L. P. lifted its holdings in ProShares UltraPro QQQ by 823.5% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock worth $80,550,000 after buying an additional 694,661 shares during the last quarter.

ProShares UltraPro QQQ Stock Up 1.2%

NASDAQ:TQQQ opened at $77.84 on Friday. The business’s 50 day moving average is $56.98 and its two-hundred day moving average is $54.19. ProShares UltraPro QQQ has a 52 week low of $32.43 and a 52 week high of $79.68. The company has a market cap of $38.39 billion, a PE ratio of 38.25 and a beta of 3.66.

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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.