Corient Private Wealth LLC Grows Stock Holdings in ProShares UltraPro QQQ $TQQQ

Corient Private Wealth LLC grew its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 85.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 200,040 shares of the exchange traded fund’s stock after acquiring an additional 92,125 shares during the period. Corient Private Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $10,546,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Sherman Wealth Management LLC purchased a new position in ProShares UltraPro QQQ during the 4th quarter valued at about $2,249,000. Paragon Advisors LLC lifted its holdings in ProShares UltraPro QQQ by 104.6% in the 4th quarter. Paragon Advisors LLC now owns 146,543 shares of the exchange traded fund’s stock worth $7,726,000 after buying an additional 74,933 shares during the period. Spire Wealth Management lifted its holdings in ProShares UltraPro QQQ by 4,456.0% in the 4th quarter. Spire Wealth Management now owns 28,657 shares of the exchange traded fund’s stock worth $1,511,000 after buying an additional 28,028 shares during the period. MFG Wealth Management Inc. grew its position in shares of ProShares UltraPro QQQ by 98.3% in the 4th quarter. MFG Wealth Management Inc. now owns 67,453 shares of the exchange traded fund’s stock worth $3,556,000 after buying an additional 33,442 shares during the last quarter. Finally, Diversified Trust Co. grew its position in shares of ProShares UltraPro QQQ by 100.0% in the 4th quarter. Diversified Trust Co. now owns 110,000 shares of the exchange traded fund’s stock worth $5,799,000 after buying an additional 55,000 shares during the last quarter.

ProShares UltraPro QQQ Stock Performance

TQQQ opened at $72.93 on Thursday. ProShares UltraPro QQQ has a 52-week low of $37.32 and a 52-week high of $88.09. The stock has a market capitalization of $35.97 billion, a PE ratio of 38.25 and a beta of 3.71. The stock’s 50 day moving average price is $73.15 and its 200-day moving average price is $58.51.

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.