Larson Financial Group LLC Boosts Stock Holdings in ProShares UltraPro QQQ $TQQQ

Larson Financial Group LLC raised its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 95.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 56,505 shares of the exchange traded fund’s stock after acquiring an additional 27,653 shares during the period. Larson Financial Group LLC’s holdings in ProShares UltraPro QQQ were worth $2,979,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Howard Capital Management Inc. increased its stake in shares of ProShares UltraPro QQQ by 83.6% in the fourth quarter. Howard Capital Management Inc. now owns 8,465,262 shares of the exchange traded fund’s stock worth $446,289,000 after purchasing an additional 3,855,510 shares in the last quarter. Oriental Harbor Investment Master Fund increased its stake in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock worth $126,614,000 after purchasing an additional 1,200,820 shares in the last quarter. PPSC Investment Service Corp increased its stake in shares of ProShares UltraPro QQQ by 116.1% in the fourth quarter. PPSC Investment Service Corp now owns 1,248,785 shares of the exchange traded fund’s stock worth $65,836,000 after purchasing an additional 671,023 shares in the last quarter. McElhenny Sheffield Capital Management LLC increased its position in shares of ProShares UltraPro QQQ by 77.7% during the fourth quarter. McElhenny Sheffield Capital Management LLC now owns 1,213,489 shares of the exchange traded fund’s stock valued at $63,975,000 after buying an additional 530,708 shares during the period. Finally, Cantor Fitzgerald L. P. lifted its holdings in shares of ProShares UltraPro QQQ by 823.5% in the third quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock worth $80,550,000 after buying an additional 694,661 shares in the last quarter.

ProShares UltraPro QQQ Trading Down 1.9%

Shares of ProShares UltraPro QQQ stock opened at $72.93 on Wednesday. ProShares UltraPro QQQ has a 12-month low of $32.43 and a 12-month high of $79.68. The company has a market cap of $35.97 billion, a price-to-earnings ratio of 38.25 and a beta of 3.66. The company’s 50-day moving average price is $55.32 and its 200-day moving average price is $53.76.

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.