ProShares UltraPro QQQ $TQQQ Shares Purchased by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC boosted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.0% during the 4th quarter, Holdings Channel reports. The fund owned 28,000 shares of the exchange traded fund’s stock after acquiring an additional 14,000 shares during the quarter. Uniting Wealth Partners LLC’s holdings in ProShares UltraPro QQQ were worth $1,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of TQQQ. Integrated Wealth Concepts LLC increased its position in shares of ProShares UltraPro QQQ by 19.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,971 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 799 shares during the period. Goldman Sachs Group Inc. increased its position in shares of ProShares UltraPro QQQ by 4,237.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,444 shares of the exchange traded fund’s stock valued at $29,821,000 after purchasing an additional 508,444 shares during the period. Focus Partners Wealth increased its position in shares of ProShares UltraPro QQQ by 30.8% during the 1st quarter. Focus Partners Wealth now owns 10,954 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 2,578 shares during the period. JPMorgan Chase & Co. increased its position in shares of ProShares UltraPro QQQ by 11.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 19,570 shares of the exchange traded fund’s stock valued at $1,624,000 after purchasing an additional 2,002 shares during the period. Finally, Cerity Partners LLC increased its position in shares of ProShares UltraPro QQQ by 11.4% during the 2nd quarter. Cerity Partners LLC now owns 30,865 shares of the exchange traded fund’s stock valued at $2,562,000 after purchasing an additional 3,158 shares during the period.

ProShares UltraPro QQQ Stock Performance

Shares of TQQQ stock opened at $77.52 on Friday. ProShares UltraPro QQQ has a 1 year low of $35.71 and a 1 year high of $88.09. The stock has a market cap of $38.23 billion, a PE ratio of 38.25 and a beta of 3.71. The business’s fifty day moving average is $67.83 and its 200-day moving average is $57.03.

About ProShares UltraPro QQQ

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.