Optiver Holding B.V. lowered its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 71.8% during the first quarter, HoldingsChannel reports. The firm owned 52,284 shares of the exchange traded fund’s stock after selling 132,817 shares during the quarter. Optiver Holding B.V.’s holdings in ProShares UltraPro QQQ were worth $2,179,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. WFA of San Diego LLC bought a new stake in ProShares UltraPro QQQ during the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC lifted its stake 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 in the last quarter. BOKF NA bought a new position in ProShares UltraPro QQQ in the third quarter valued at approximately $31,000. Rothschild Investment LLC boosted its holdings in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 350 shares during the period. Finally, Dogwood Wealth Management LLC bought a new stake in shares of ProShares UltraPro QQQ during the fourth quarter worth $44,000.
ProShares UltraPro QQQ Trading Up 2.2%
TQQQ opened at $64.68 on Friday. The stock has a market capitalization of $32.94 billion, a P/E ratio of 38.25 and a beta of 3.69. ProShares UltraPro QQQ has a 12 month low of $37.32 and a 12 month high of $88.09. The firm’s fifty day simple moving average is $75.06 and its 200 day simple moving average is $61.65.
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.
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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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