Finward Bancorp Acquires 53,399 Shares of ProShares UltraPro QQQ $TQQQ

Finward Bancorp acquired a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 53,399 shares of the exchange traded fund’s stock, valued at approximately $4,167,000. ProShares UltraPro QQQ comprises approximately 2.9% of Finward Bancorp’s investment portfolio, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of TQQQ. Signal Advisors Wealth LLC boosted its stake in ProShares UltraPro QQQ by 8.2% in the third quarter. Signal Advisors Wealth LLC now owns 4,789 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 362 shares in the last quarter. Castleview Partners LLC grew its holdings in shares of ProShares UltraPro QQQ by 28.8% during the third quarter. Castleview Partners LLC now owns 8,056 shares of the exchange traded fund’s stock worth $629,000 after purchasing an additional 1,801 shares during the last quarter. Turner Capital Investments LLC acquired a new stake in shares of ProShares UltraPro QQQ in the third quarter valued at $11,510,000. Anchor Investment Management LLC acquired a new stake in shares of ProShares UltraPro QQQ in the second quarter valued at $65,000. Finally, Smith Chas P & Associates PA Cpas increased its stake in shares of ProShares UltraPro QQQ by 57.4% in the second quarter. Smith Chas P & Associates PA Cpas now owns 13,705 shares of the exchange traded fund’s stock valued at $1,056,000 after buying an additional 5,000 shares in the last quarter.

ProShares UltraPro QQQ Trading Down 6.0%

Shares of ProShares UltraPro QQQ stock traded down $4.69 during trading on Wednesday, reaching $74.12. The company’s stock had a trading volume of 67,172,634 shares, compared to its average volume of 77,438,930. The stock has a 50-day moving average price of $74.65 and a two-hundred day moving average price of $70.58. The stock has a market capitalization of $36.09 billion, a P/E ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a one year low of $37.32 and a one year high of $88.09.

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.