ProShares UltraPro QQQ $TQQQ is PPSC Investment Service Corp’s 5th Largest Position

PPSC Investment Service Corp grew its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 2.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,279,774 shares of the exchange traded fund’s stock after acquiring an additional 30,989 shares during the period. ProShares UltraPro QQQ accounts for 4.2% of PPSC Investment Service Corp’s portfolio, making the stock its 5th largest holding. PPSC Investment Service Corp owned 0.24% of ProShares UltraPro QQQ worth $53,341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Integrated Wealth Concepts LLC lifted its position in ProShares UltraPro QQQ by 19.2% during the first quarter. Integrated Wealth Concepts LLC now owns 4,971 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 799 shares in the last quarter. Goldman Sachs Group Inc. increased its position in ProShares UltraPro QQQ by 4,237.0% in the first quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock worth $29,821,000 after buying an additional 508,444 shares in the last quarter. Focus Partners Wealth raised its stake in shares of ProShares UltraPro QQQ by 30.8% in the first quarter. Focus Partners Wealth now owns 10,954 shares of the exchange traded fund’s stock worth $628,000 after buying an additional 2,578 shares during the period. JPMorgan Chase & Co. raised its stake in shares of ProShares UltraPro QQQ by 11.4% in the second quarter. JPMorgan Chase & Co. now owns 19,570 shares of the exchange traded fund’s stock worth $1,624,000 after buying an additional 2,002 shares during the period. Finally, Cerity Partners LLC lifted its position in shares of ProShares UltraPro QQQ by 11.4% during the 2nd quarter. Cerity Partners LLC now owns 30,865 shares of the exchange traded fund’s stock valued at $2,562,000 after buying an additional 3,158 shares in the last quarter.

ProShares UltraPro QQQ Trading Up 7.5%

ProShares UltraPro QQQ stock opened at $77.19 on Tuesday. ProShares UltraPro QQQ has a 12-month low of $37.32 and a 12-month high of $88.09. The firm has a market capitalization of $38.07 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. The firm has a 50 day moving average of $74.32 and a 200 day moving average of $58.90.

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.