8,461 Shares in ProShares UltraPro QQQ $TQQQ Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the first quarter, HoldingsChannel.com reports. The firm purchased 8,461 shares of the exchange traded fund’s stock, valued at approximately $353,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WFA of San Diego LLC bought a new position in ProShares UltraPro QQQ during the 2nd quarter worth $25,000. BOKF NA bought a new position in shares of ProShares UltraPro QQQ in the third quarter valued at approximately $31,000. CoreCap Advisors LLC grew its position in shares of ProShares UltraPro QQQ by 69.8% during the 4th quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 240 shares during the period. Rothschild Investment LLC raised its position in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 350 shares during the period. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 828 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 414 shares during the period.

ProShares UltraPro QQQ Trading Up 9.6%

Shares of NASDAQ:TQQQ opened at $63.30 on Friday. ProShares UltraPro QQQ has a 12-month low of $37.32 and a 12-month high of $88.09. The stock’s 50-day moving average price is $75.32 and its 200-day moving average price is $61.62. The stock has a market capitalization of $31.40 billion, a P/E ratio of 38.25 and a beta of 3.69.

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.