ProShares UltraPro QQQ $TQQQ Stock Sold by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas lowered its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 77.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,127 shares of the exchange traded fund’s stock after selling 10,578 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in ProShares UltraPro QQQ were worth $244,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TQQQ. Wellington Grp LLC lifted its stake in ProShares UltraPro QQQ by 7.0% in the 1st quarter. Wellington Grp LLC now owns 2,108 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 137 shares in the last quarter. Daviman Financial LLC raised its holdings in ProShares UltraPro QQQ by 1.3% during the first quarter. Daviman Financial LLC now owns 13,592 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 179 shares in the last quarter. Financial Insights Inc. increased its position in shares of ProShares UltraPro QQQ by 3.8% during the 1st quarter. Financial Insights Inc. now owns 5,333 shares of the exchange traded fund’s stock worth $222,000 after purchasing an additional 195 shares during the last quarter. Clarity Wealth Advisors LLC increased its position in shares of ProShares UltraPro QQQ by 0.8% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 33,420 shares of the exchange traded fund’s stock worth $2,608,000 after purchasing an additional 280 shares during the last quarter. Finally, Integrated Advisors Network LLC raised its stake in shares of ProShares UltraPro QQQ by 9.8% during the 3rd quarter. Integrated Advisors Network LLC now owns 3,329 shares of the exchange traded fund’s stock worth $260,000 after purchasing an additional 296 shares in the last quarter.

ProShares UltraPro QQQ Price Performance

ProShares UltraPro QQQ stock opened at $72.61 on Thursday. ProShares UltraPro QQQ has a fifty-two week low of $37.32 and a fifty-two week high of $88.09. The firm has a market capitalization of $36.62 billion, a PE ratio of 38.25 and a beta of 3.71. The company’s 50-day moving average is $74.43 and its 200-day moving average is $71.87.

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.