Larson Financial Group LLC Acquires 27,653 Shares of ProShares UltraPro QQQ $TQQQ

Larson Financial Group LLC lifted its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 95.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,505 shares of the exchange traded fund’s stock after purchasing an additional 27,653 shares during the period. Larson Financial Group LLC’s holdings in ProShares UltraPro QQQ were worth $2,979,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC bought a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth $25,000. CoreCap Advisors LLC raised its stake in shares of ProShares UltraPro QQQ by 69.8% during the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 240 shares during the period. BOKF NA bought a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at about $31,000. Dogwood Wealth Management LLC bought a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $44,000. Finally, Halbert Hargrove Global Advisors LLC raised its stake in ProShares UltraPro QQQ by 100.0% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 426 shares during the period.

ProShares UltraPro QQQ Stock Performance

Shares of ProShares UltraPro QQQ stock opened at $72.93 on Wednesday. ProShares UltraPro QQQ has a 52-week low of $32.43 and a 52-week high of $79.68. The stock’s 50-day simple moving average is $55.32 and its 200 day simple moving average is $53.76. The stock has a market capitalization of $35.97 billion, a P/E ratio of 38.25 and a beta of 3.66.

ProShares UltraPro QQQ Company 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.