ProShares UltraPro QQQ $TQQQ Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp reduced its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 96.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,599 shares of the exchange traded fund’s stock after selling 1,454,344 shares during the quarter. Toth Financial Advisory Corp’s holdings in ProShares UltraPro QQQ were worth $4,729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Independent Financial Group LLC bought a new position in ProShares UltraPro QQQ during the 1st quarter worth approximately $12,430,000. IMC Chicago LLC raised its position in shares of ProShares UltraPro QQQ by 290.6% during the 1st quarter. IMC Chicago LLC now owns 289,517 shares of the exchange traded fund’s stock valued at $12,067,000 after acquiring an additional 215,397 shares in the last quarter. Ridgepath Capital Management LLC lifted its stake in ProShares UltraPro QQQ by 285.4% during the first quarter. Ridgepath Capital Management LLC now owns 175,735 shares of the exchange traded fund’s stock worth $7,325,000 after purchasing an additional 130,136 shares during the last quarter. Corient Private Wealth LLC lifted its stake in ProShares UltraPro QQQ by 85.4% during the fourth quarter. Corient Private Wealth LLC now owns 200,040 shares of the exchange traded fund’s stock worth $10,546,000 after purchasing an additional 92,125 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in ProShares UltraPro QQQ by 3,891.0% in the second quarter. Allworth Financial LP now owns 89,677 shares of the exchange traded fund’s stock worth $7,264,000 after purchasing an additional 87,430 shares during the period.

ProShares UltraPro QQQ Stock Down 4.3%

TQQQ stock traded down $3.61 during trading on Thursday, hitting $80.01. 30,747,746 shares of the company’s stock traded hands, compared to its average volume of 77,920,984. The stock has a market capitalization of $38.62 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 52 week low of $37.32 and a 52 week high of $88.09. The stock has a fifty day moving average price of $73.67 and a two-hundred day moving average price of $69.56.

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.