Valley Brook Capital Group bought a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 190 shares of the exchange traded fund’s stock, valued at approximately $34,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. IMC Chicago LLC lifted its stake in ProShares UltraPro QQQ by 185.8% in the fourth quarter. IMC Chicago LLC now owns 347,950 shares of the exchange traded fund’s stock valued at $63,257,000 after buying an additional 226,199 shares during the period. Morgan Stanley lifted its position in shares of ProShares UltraPro QQQ by 101.0% during the 4th quarter. Morgan Stanley now owns 84,528 shares of the exchange traded fund’s stock valued at $15,367,000 after acquiring an additional 42,478 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in shares of ProShares UltraPro QQQ during the 4th quarter valued at $2,828,000. First Midwest Bank Trust Division boosted its stake in ProShares UltraPro QQQ by 169.3% during the fourth quarter. First Midwest Bank Trust Division now owns 47,435 shares of the exchange traded fund’s stock worth $8,624,000 after acquiring an additional 29,823 shares in the last quarter. Finally, WT Asset Management Ltd acquired a new stake in ProShares UltraPro QQQ in the fourth quarter worth $3,891,000.
Shares of NASDAQ TQQQ opened at $102.17 on Thursday. The firm’s 50-day moving average price is $91.73 and its 200-day moving average price is $88.27. ProShares UltraPro QQQ has a 1-year low of $25.64 and a 1-year high of $111.86.
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.
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