Mill Creek Capital Advisors LLC Increases Stock Position in ProShares UltraPro QQQ $TQQQ

Mill Creek Capital Advisors LLC increased its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 125.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,680 shares of the exchange traded fund’s stock after purchasing an additional 17,631 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $1,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. WFA of San Diego LLC purchased a new position in shares of ProShares UltraPro QQQ in the second quarter valued at $25,000. CoreCap Advisors LLC boosted its stake in 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 last quarter. BOKF NA bought a new position in ProShares UltraPro QQQ during the 3rd quarter valued at $31,000. Rothschild Investment LLC boosted its stake in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 350 shares during the last quarter. Finally, Dogwood Wealth Management LLC bought a new position in ProShares UltraPro QQQ during the 4th quarter valued at $44,000.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $77.52 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 $38.23 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71. The company’s fifty day moving average price is $67.83 and its two-hundred day moving average price is $57.07.

ProShares UltraPro QQQ 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.