ProShares UltraPro QQQ $TQQQ Shares Acquired by Rollins Financial Advisors LLC

Rollins Financial Advisors LLC lifted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 85.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 139,962 shares of the exchange traded fund’s stock after acquiring an additional 64,607 shares during the period. ProShares UltraPro QQQ makes up approximately 1.1% of Rollins Financial Advisors LLC’s investment portfolio, making the stock its 24th largest position. Rollins Financial Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $7,379,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WFA of San Diego LLC acquired a new position in shares of ProShares UltraPro QQQ during the 2nd quarter worth $25,000. CoreCap Advisors LLC raised its stake in shares of ProShares UltraPro QQQ by 69.8% during the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 240 shares during the last quarter. BOKF NA acquired a new position in shares of ProShares UltraPro QQQ during the 3rd quarter worth $31,000. Dogwood Wealth Management LLC acquired a new position in shares of ProShares UltraPro QQQ during the 4th quarter worth $44,000. Finally, Halbert Hargrove Global Advisors LLC raised its stake in shares of ProShares UltraPro QQQ by 100.0% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 426 shares during the last quarter.

ProShares UltraPro QQQ Stock Down 2.6%

NASDAQ:TQQQ opened at $74.96 on Wednesday. The company has a market capitalization of $36.97 billion, a PE ratio of 38.25 and a beta of 3.66. ProShares UltraPro QQQ has a 52-week low of $32.43 and a 52-week high of $77.36. The stock has a fifty day simple moving average of $52.65 and a 200-day simple moving average of $53.11.

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.