ProShares UltraPro QQQ $TQQQ Shares Bought by Viewpoint Capital Management LLC

Viewpoint Capital Management LLC lifted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,200 shares of the exchange traded fund’s stock after purchasing an additional 7,100 shares during the period. Viewpoint Capital Management LLC’s holdings in ProShares UltraPro QQQ were worth $749,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TQQQ. Howard Capital Management Inc. grew its stake in shares of ProShares UltraPro QQQ by 83.6% in 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 purchasing an additional 3,855,510 shares during the last quarter. Oriental Harbor Investment Master Fund grew its stake in shares of ProShares UltraPro QQQ by 100.0% in 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 purchasing an additional 1,200,820 shares during the last quarter. Cantor Fitzgerald L. P. grew its stake in shares of ProShares UltraPro QQQ by 823.5% in the 3rd quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock worth $80,550,000 after purchasing an additional 694,661 shares during the last quarter. PPSC Investment Service Corp grew its stake in shares of ProShares UltraPro QQQ by 116.1% in 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 purchasing an additional 671,023 shares during the last quarter. Finally, Citigroup Inc. grew its stake in shares of ProShares UltraPro QQQ by 3,108.0% in the 3rd quarter. Citigroup Inc. now owns 601,603 shares of the exchange traded fund’s stock worth $62,206,000 after purchasing an additional 621,603 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ opened at $73.05 on Friday. The firm’s 50 day moving average is $64.43 and its 200-day moving average is $56.13. The stock has a market capitalization of $36.02 billion, a P/E ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 12-month low of $35.71 and a 12-month 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.