ProShares UltraPro QQQ $TQQQ Shares Sold by NorthRock Partners LLC

NorthRock Partners LLC lessened its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 35.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,806 shares of the exchange traded fund’s stock after selling 43,338 shares during the period. NorthRock Partners LLC’s holdings in ProShares UltraPro QQQ were worth $6,383,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. WFA of San Diego LLC acquired a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth about $25,000. BOKF NA purchased a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth about $31,000. Ameritas Advisory Services LLC acquired a new stake in shares of ProShares UltraPro QQQ in the second quarter worth approximately $48,000. Rothschild Investment LLC grew its holdings in 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 purchasing an additional 350 shares during the period. Finally, Trust Co. of Vermont acquired a new position in ProShares UltraPro QQQ during the second quarter worth approximately $58,000.

ProShares UltraPro QQQ Stock Down 0.3%

NASDAQ:TQQQ opened at $72.16 on Wednesday. The company has a market cap of $36.70 billion, a P/E ratio of 38.25 and a beta of 3.71. The firm’s 50 day moving average is $71.29 and its two-hundred day moving average is $65.48. ProShares UltraPro QQQ has a fifty-two week low of $37.32 and a fifty-two week high of $88.09.

ProShares UltraPro QQQ Company 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.