Empowered Funds LLC lowered its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 67.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,969 shares of the exchange traded fund's stock after selling 39,532 shares during the period. Empowered Funds LLC's holdings in ProShares UltraPro QQQ were worth $791,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. WFA of San Diego LLC acquired a new position in shares of ProShares UltraPro QQQ in the second quarter worth $25,000. BOKF NA purchased a new stake in shares of ProShares UltraPro QQQ during the third quarter worth $31,000. Rothschild Investment LLC boosted its position in ProShares UltraPro QQQ by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund's stock valued at $37,000 after purchasing an additional 350 shares during the last quarter. Dogwood Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ during the fourth quarter valued at $44,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in ProShares UltraPro QQQ by 100.0% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 828 shares of the exchange traded fund's stock valued at $44,000 after purchasing an additional 414 shares during the last quarter.
ProShares UltraPro QQQ Price Performance
Shares of NASDAQ TQQQ opened at $76.40 on Tuesday. ProShares UltraPro QQQ has a one year low of $37.32 and a one year high of $88.09. The business's 50-day moving average price is $73.26 and its two-hundred day moving average price is $63.22. The company has a market capitalization of $38.85 billion, a P/E ratio of 38.25 and a beta of 3.71.
ProShares UltraPro QQQ Company Profile
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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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.
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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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