Corient Private Wealth LLC decreased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 68.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,207 shares of the exchange traded fund’s stock after selling 140,819 shares during the period. Corient Private Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $5,081,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in TQQQ. Oriental Harbor Investment Fund bought a new stake in shares of ProShares UltraPro QQQ during the third quarter worth $82,199,000. BNP Paribas Financial Markets bought a new stake in shares of ProShares UltraPro QQQ during the third quarter worth $21,747,000. Tidal Investments LLC bought a new position in ProShares UltraPro QQQ in the third quarter valued at $11,598,000. SBI Securities Co. Ltd. bought a new position in ProShares UltraPro QQQ in the fourth quarter valued at $9,970,000. Finally, PPSC Investment Service Corp grew its position in ProShares UltraPro QQQ by 17.5% in the fourth quarter. PPSC Investment Service Corp now owns 446,415 shares of the exchange traded fund’s stock valued at $35,325,000 after purchasing an additional 66,582 shares in the last quarter.
ProShares UltraPro QQQ Trading Up 0.9 %
ProShares UltraPro QQQ stock opened at $62.18 on Friday. The company has a market cap of $20.95 billion, a P/E ratio of 26.02 and a beta of 3.47. ProShares UltraPro QQQ has a 1-year low of $48.80 and a 1-year high of $93.79. The company has a fifty day simple moving average of $77.37 and a 200 day simple moving average of $76.78.
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.
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