ProShares UltraPro QQQ $TQQQ Shares Purchased by UBS Group AG

UBS Group AG raised its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 83.4% in the fourth quarter, HoldingsChannel reports. The firm owned 293,403 shares of the exchange traded fund’s stock after acquiring an additional 133,430 shares during the period. UBS Group AG’s holdings in ProShares UltraPro QQQ were worth $15,468,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WFA of San Diego LLC acquired a new position in ProShares UltraPro QQQ during the 2nd quarter valued at about $25,000. CoreCap Advisors LLC boosted its stake in ProShares UltraPro QQQ by 69.8% during the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 240 shares during the period. BOKF NA acquired a new position in ProShares UltraPro QQQ during the 3rd quarter valued at about $31,000. Halbert Hargrove Global Advisors LLC boosted its stake in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 426 shares during the period. Finally, Keystone Financial Group Inc. boosted its stake in ProShares UltraPro QQQ by 100.2% during the 4th quarter. Keystone Financial Group Inc. now owns 1,103 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 552 shares during the period.

ProShares UltraPro QQQ Stock Up 3.0%

ProShares UltraPro QQQ stock opened at $77.24 on Thursday. The firm has a 50-day moving average price of $53.20 and a two-hundred day moving average price of $53.28. The firm has a market capitalization of $38.09 billion, a price-to-earnings ratio of 38.25 and a beta of 3.66. ProShares UltraPro QQQ has a 52-week low of $32.43 and a 52-week high of $77.94.

ProShares UltraPro QQQ 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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.