ProShares UltraPro QQQ $TQQQ Stock Holdings Increased by Avidian Wealth Enterprises LLC

Key Points

• Avidian Wealth Enterprises LLC doubled its position in ProShares UltraPro QQQ (TQQQ) in Q4, adding 88,500 shares to reach 177,000 shares valued at about $9.33 million.
• TQQQ is a 3x leveraged ETF tracking the NASDAQ‑100 with a market cap of $32.41 billion, P/E of 38.25, beta of 3.53, and a 52‑week range of $27.54–$65.84 (50‑day MA $49.87, 200‑day MA $52.24).

Avidian Wealth Enterprises LLC boosted its position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 100.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 177,000 shares of the exchange traded fund's stock after buying an additional 88,500 shares during the quarter. Avidian Wealth Enterprises LLC's holdings in ProShares UltraPro QQQ were worth $9,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TQQQ. WFA of San Diego LLC bought a new stake in ProShares UltraPro QQQ in the second quarter valued at about $25,000. BOKF NA bought a new stake in ProShares UltraPro QQQ in the third quarter valued at about $31,000. CoreCap Advisors LLC increased its holdings in ProShares UltraPro QQQ by 69.8% in the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund's stock valued at $31,000 after buying an additional 240 shares during the last quarter. Halbert Hargrove Global Advisors LLC increased its holdings in ProShares UltraPro QQQ by 100.0% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund's stock valued at $45,000 after buying an additional 426 shares during the last quarter. Finally, Keystone Financial Group Inc. increased its holdings in ProShares UltraPro QQQ by 100.2% in the fourth quarter. Keystone Financial Group Inc. now owns 1,103 shares of the exchange traded fund's stock valued at $58,000 after buying an additional 552 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

Shares of ProShares UltraPro QQQ stock opened at $65.30 on Monday. The firm has a market cap of $32.41 billion, a P/E ratio of 38.25 and a beta of 3.53. ProShares UltraPro QQQ has a fifty-two week low of $27.54 and a fifty-two week high of $65.84. The business has a 50-day moving average price of $49.87 and a 200 day moving average price of $52.24.

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.

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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