Kwmg LLC bought a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,710 shares of the exchange traded fund's stock, valued at approximately $474,000.
Several other institutional investors have also recently made changes to their positions in TQQQ. MRP Capital Investments LLC purchased a new position in shares of ProShares UltraPro QQQ during the 1st quarter valued at approximately $29,000. Columbia River Financial Group LLC purchased a new position in shares of ProShares UltraPro QQQ during the 1st quarter valued at approximately $47,000. Wolff Wiese Magana LLC purchased a new position in shares of ProShares UltraPro QQQ during the 1st quarter valued at approximately $94,000. Beacon Capital Management LLC increased its holdings in shares of ProShares UltraPro QQQ by 32.8% during the 1st quarter. Beacon Capital Management LLC now owns 1,823 shares of the exchange traded fund's stock valued at $104,000 after purchasing an additional 450 shares in the last quarter. Finally, Canton Hathaway LLC purchased a new position in shares of ProShares UltraPro QQQ during the 1st quarter valued at approximately $118,000.
ProShares UltraPro QQQ Price Performance
NASDAQ:TQQQ opened at $104.72 on Tuesday. The firm has a market cap of $32.27 billion, a price-to-earnings ratio of 38.25 and a beta of 3.45. The company has a 50 day moving average price of $91.28 and a 200-day moving average price of $74.00. ProShares UltraPro QQQ has a 1-year low of $35.00 and a 1-year high of $105.08.
About ProShares UltraPro QQQ
(
Free Report)
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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Want to see what other hedge funds are holding TQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report).
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