ProShares UltraPro QQQ $TQQQ Shares Acquired by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC lifted its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,000 shares of the exchange traded fund’s stock after purchasing an additional 14,000 shares during the quarter. Uniting Wealth Partners LLC’s holdings in ProShares UltraPro QQQ were worth $1,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TQQQ. Merit Financial Group LLC increased its position in ProShares UltraPro QQQ by 2.1% in the 3rd quarter. Merit Financial Group LLC now owns 7,642 shares of the exchange traded fund’s stock valued at $790,000 after acquiring an additional 158 shares during the period. Rodgers & Associates LTD increased its position in ProShares UltraPro QQQ by 4.8% in the 4th quarter. Rodgers & Associates LTD now owns 4,404 shares of the exchange traded fund’s stock valued at $232,000 after acquiring an additional 202 shares during the period. CoreCap Advisors LLC increased its position in ProShares UltraPro QQQ by 69.8% in the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 240 shares during the period. Richmond Brothers Inc. increased its position in ProShares UltraPro QQQ by 2.4% in the 3rd quarter. Richmond Brothers Inc. now owns 10,588 shares of the exchange traded fund’s stock valued at $1,095,000 after acquiring an additional 253 shares during the period. Finally, IFP Advisors Inc increased its position in ProShares UltraPro QQQ by 25.7% in the 4th quarter. IFP Advisors Inc now owns 1,388 shares of the exchange traded fund’s stock valued at $73,000 after acquiring an additional 284 shares during the period.

ProShares UltraPro QQQ Price Performance

TQQQ opened at $77.52 on Friday. ProShares UltraPro QQQ has a 12 month low of $35.71 and a 12 month high of $88.09. The stock has a market cap of $38.23 billion, a P/E ratio of 38.25 and a beta of 3.71. The stock’s 50 day moving average price is $67.83 and its 200 day moving average price is $57.03.

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.