22,748 Shares in ProShares UltraPro QQQ $TQQQ Bought by Signaturefd LLC

Signaturefd LLC purchased a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 22,748 shares of the exchange traded fund’s stock, valued at approximately $1,775,000.

Other institutional investors have also made changes to their positions in the company. Citizens Financial Group Inc. RI acquired a new stake in ProShares UltraPro QQQ during the third quarter worth approximately $1,896,000. Sowell Financial Services LLC increased its stake in ProShares UltraPro QQQ by 12.1% during the 3rd quarter. Sowell Financial Services LLC now owns 52,669 shares of the exchange traded fund’s stock worth $4,110,000 after acquiring an additional 5,665 shares during the period. Brookstone Capital Management increased its stake in ProShares UltraPro QQQ by 12.2% during the 3rd quarter. Brookstone Capital Management now owns 3,172 shares of the exchange traded fund’s stock worth $248,000 after acquiring an additional 345 shares during the period. Clarity Wealth Advisors LLC raised its holdings in ProShares UltraPro QQQ by 0.8% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 33,420 shares of the exchange traded fund’s stock valued at $2,608,000 after acquiring an additional 280 shares in the last quarter. Finally, Variant Private Wealth LLC acquired a new position in ProShares UltraPro QQQ in the 3rd quarter valued at $3,927,000.

ProShares UltraPro QQQ Stock Performance

NASDAQ:TQQQ opened at $68.43 on Tuesday. The stock has a fifty day moving average price of $73.93 and a 200-day moving average price of $65.17. The company has a market cap of $34.88 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. 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.