Surience Private Wealth LLC Invests $552,000 in ProShares UltraPro QQQ $TQQQ

Surience Private Wealth LLC bought a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,239 shares of the exchange traded fund’s stock, valued at approximately $552,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. WFA of San Diego LLC acquired a new stake in ProShares UltraPro QQQ in the second quarter worth about $25,000. CoreCap Advisors LLC raised its position in shares of ProShares UltraPro QQQ by 69.8% in the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 240 shares during the last quarter. BOKF NA purchased a new position in shares of ProShares UltraPro QQQ in the 3rd quarter valued at approximately $31,000. Rothschild Investment LLC boosted its stake in ProShares UltraPro QQQ by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 350 shares in the last quarter. Finally, Dogwood Wealth Management LLC purchased a new stake in ProShares UltraPro QQQ during the 4th quarter worth approximately $44,000.

ProShares UltraPro QQQ Trading Down 2.0%

Shares of ProShares UltraPro QQQ stock opened at $72.93 on Thursday. The firm’s 50 day simple moving average is $73.15 and its two-hundred day simple moving average is $58.51. The firm has a market capitalization of $35.97 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 12-month low of $37.32 and a 12-month high of $88.09.

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.