Tactive Advisors LLC Purchases 9,825 Shares of ProShares UltraPro QQQ $TQQQ

Tactive Advisors LLC raised its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 134.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,125 shares of the exchange traded fund’s stock after purchasing an additional 9,825 shares during the quarter. Tactive Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $714,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Howard Capital Management Inc. raised its position in ProShares UltraPro QQQ by 83.6% in the 4th quarter. Howard Capital Management Inc. now owns 8,465,262 shares of the exchange traded fund’s stock valued at $446,289,000 after buying an additional 3,855,510 shares during the last quarter. Oriental Harbor Investment Master Fund boosted its position in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock worth $126,614,000 after acquiring an additional 1,200,820 shares during the last quarter. Cantor Fitzgerald L. P. boosted its position in ProShares UltraPro QQQ by 823.5% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock worth $80,550,000 after acquiring an additional 694,661 shares during the last quarter. PPSC Investment Service Corp boosted its position in ProShares UltraPro QQQ by 116.1% during the 4th quarter. PPSC Investment Service Corp now owns 1,248,785 shares of the exchange traded fund’s stock worth $65,836,000 after acquiring an additional 671,023 shares during the last quarter. Finally, Citigroup Inc. grew its stake in shares of ProShares UltraPro QQQ by 3,108.0% during the 3rd quarter. Citigroup Inc. now owns 601,603 shares of the exchange traded fund’s stock worth $62,206,000 after acquiring an additional 621,603 shares in the last quarter.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $82.87 on Monday. ProShares UltraPro QQQ has a 12-month low of $35.71 and a 12-month high of $88.09. The company has a market capitalization of $40.87 billion, a PE ratio of 38.25 and a beta of 3.71. The firm’s 50 day moving average is $71.52 and its 200-day moving average is $58.06.

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.