13,413 Shares in ProShares UltraPro QQQ $TQQQ Acquired by Daviman Financial LLC

Daviman Financial LLC bought a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the fourth quarter, HoldingsChannel.com reports. The firm bought 13,413 shares of the exchange traded fund’s stock, valued at approximately $707,000.

A number of other hedge funds have also recently bought and sold shares of TQQQ. WFA of San Diego LLC acquired a new stake in ProShares UltraPro QQQ during the second quarter worth approximately $25,000. BOKF NA acquired a new stake in ProShares UltraPro QQQ during the third quarter worth approximately $31,000. CoreCap Advisors LLC boosted its position in ProShares UltraPro QQQ by 69.8% during the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 240 shares during the last quarter. Dogwood Wealth Management LLC acquired a new stake in ProShares UltraPro QQQ during the fourth quarter worth approximately $44,000. Finally, Halbert Hargrove Global Advisors LLC boosted its position in ProShares UltraPro QQQ by 100.0% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 426 shares during the last quarter.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ TQQQ opened at $77.84 on Friday. ProShares UltraPro QQQ has a 1 year low of $32.43 and a 1 year high of $79.68. The firm’s 50 day moving average price is $56.98 and its 200 day moving average price is $54.19. The firm has a market cap of $38.39 billion, a P/E ratio of 38.25 and a beta of 3.66.

ProShares UltraPro QQQ 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.