Fulton Bank N.A. Acquires 13,040 Shares of ProShares UltraPro QQQ $TQQQ

Fulton Bank N.A. lifted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,080 shares of the exchange traded fund’s stock after acquiring an additional 13,040 shares during the period. Fulton Bank N.A.’s holdings in ProShares UltraPro QQQ were worth $1,375,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its holdings in ProShares UltraPro QQQ by 101.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 135,309 shares of the exchange traded fund’s stock valued at $7,443,000 after purchasing an additional 68,013 shares during the period. Maridea Wealth Management LLC grew its position in shares of ProShares UltraPro QQQ by 19.7% during the 4th quarter. Maridea Wealth Management LLC now owns 16,757 shares of the exchange traded fund’s stock worth $883,000 after purchasing an additional 2,758 shares in the last quarter. Sovereign Financial Group Inc. increased its holdings in shares of ProShares UltraPro QQQ by 101.4% during the fourth quarter. Sovereign Financial Group Inc. now owns 7,250 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 3,650 shares during the period. Innova Wealth Partners increased its holdings in shares of ProShares UltraPro QQQ by 55.2% during the fourth quarter. Innova Wealth Partners now owns 9,478 shares of the exchange traded fund’s stock worth $500,000 after purchasing an additional 3,372 shares during the period. Finally, MFG Wealth Management Inc. raised its position in shares of ProShares UltraPro QQQ by 98.3% in the fourth quarter. MFG Wealth Management Inc. now owns 67,453 shares of the exchange traded fund’s stock valued at $3,556,000 after buying an additional 33,442 shares in the last quarter.

ProShares UltraPro QQQ Trading Up 3.5%

Shares of TQQQ stock opened at $44.57 on Tuesday. The stock has a market cap of $23.92 billion, a P/E ratio of 38.25 and a beta of 3.46. ProShares UltraPro QQQ has a 1 year low of $17.50 and a 1 year high of $60.69. The stock has a 50 day simple moving average of $50.50 and a 200 day simple moving average of $52.11.

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.