DRW Securities LLC raised its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 1,607.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 61,580 shares of the exchange traded fund’s stock after buying an additional 57,973 shares during the period. DRW Securities LLC’s holdings in ProShares UltraPro QQQ were worth $4,577,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of TQQQ. Corient Private Wealth LLC increased its holdings in shares of ProShares UltraPro QQQ by 2.5% during the 4th quarter. Corient Private Wealth LLC now owns 118,959 shares of the exchange traded fund’s stock valued at $6,031,000 after purchasing an additional 2,870 shares in the last quarter. SageView Advisory Group LLC acquired a new stake in ProShares UltraPro QQQ during the fourth quarter valued at $766,000. Orion Portfolio Solutions LLC purchased a new position in ProShares UltraPro QQQ in the fourth quarter valued at $5,574,000. Advisory Services Network LLC increased its holdings in ProShares UltraPro QQQ by 9.6% in the fourth quarter. Advisory Services Network LLC now owns 6,253 shares of the exchange traded fund’s stock valued at $317,000 after buying an additional 548 shares in the last quarter. Finally, Sepio Capital LP acquired a new position in shares of ProShares UltraPro QQQ in the fourth quarter worth about $329,000.
ProShares UltraPro QQQ Stock Performance
NASDAQ:TQQQ opened at $70.13 on Friday. ProShares UltraPro QQQ has a 52 week low of $30.47 and a 52 week high of $85.20. The stock’s 50-day moving average price is $66.09 and its 200-day moving average price is $64.96.
ProShares UltraPro QQQ Increases Dividend
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.
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