ProShares UltraPro QQQ $TQQQ Stock Purchased by Vestia Personal Wealth Advisors

Vestia Personal Wealth Advisors increased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.7% during the 3rd quarter, Holdings Channel reports. The firm owned 310,000 shares of the exchange traded fund’s stock after acquiring an additional 155,556 shares during the period. ProShares UltraPro QQQ comprises 8.1% of Vestia Personal Wealth Advisors’ investment portfolio, making the stock its 3rd biggest position. Vestia Personal Wealth Advisors’ holdings in ProShares UltraPro QQQ were worth $24,189,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wellington Grp LLC lifted its stake in shares of ProShares UltraPro QQQ by 7.0% during the 1st quarter. Wellington Grp LLC now owns 2,108 shares of the exchange traded fund’s stock valued at $88,000 after buying an additional 137 shares in the last quarter. Daviman Financial LLC increased its stake in ProShares UltraPro QQQ by 1.3% in the 1st quarter. Daviman Financial LLC now owns 13,592 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 179 shares in the last quarter. Financial Insights Inc. raised its holdings in ProShares UltraPro QQQ by 3.8% during the first quarter. Financial Insights Inc. now owns 5,333 shares of the exchange traded fund’s stock valued at $222,000 after acquiring an additional 195 shares during the period. Halbert Hargrove Global Advisors LLC raised its holdings in ProShares UltraPro QQQ by 41.1% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 350 shares during the period. Finally, Signal Advisors Wealth LLC raised its holdings in ProShares UltraPro QQQ by 8.2% during the third quarter. Signal Advisors Wealth LLC now owns 4,789 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 362 shares during the period.

ProShares UltraPro QQQ Stock Up 3.6%

Shares of ProShares UltraPro QQQ stock opened at $70.64 on Tuesday. The company has a market capitalization of $34.93 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. The stock’s 50-day simple moving average is $74.52 and its 200-day simple moving average is $71.47. ProShares UltraPro QQQ has a 52 week low of $37.32 and a 52 week 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.