ProShares UltraPro QQQ $TQQQ Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 45.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,275 shares of the exchange traded fund’s stock after buying an additional 6,955 shares during the quarter. NewEdge Advisors LLC’s holdings in ProShares UltraPro QQQ were worth $928,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Wellington Grp LLC boosted its holdings in shares of ProShares UltraPro QQQ by 7.0% in the first 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. Financial Insights Inc. raised its holdings in ProShares UltraPro QQQ by 3.8% during the first 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 in the last quarter. Waverly Advisors LLC raised its holdings in ProShares UltraPro QQQ by 9.8% during the first quarter. Waverly Advisors LLC now owns 8,571 shares of the exchange traded fund’s stock worth $357,000 after purchasing an additional 765 shares in the last quarter. Group One Trading LLC lifted its position in ProShares UltraPro QQQ by 5.9% in the first quarter. Group One Trading LLC now owns 295,031 shares of the exchange traded fund’s stock valued at $12,297,000 after purchasing an additional 16,405 shares during the period. Finally, Ridgepath Capital Management LLC lifted its position in ProShares UltraPro QQQ by 285.4% in the first quarter. Ridgepath Capital Management LLC now owns 175,735 shares of the exchange traded fund’s stock valued at $7,325,000 after purchasing an additional 130,136 shares during the period.

ProShares UltraPro QQQ Trading Down 5.1%

Shares of TQQQ opened at $72.54 on Wednesday. The stock’s 50 day moving average is $73.23 and its two-hundred day moving average is $63.33. ProShares UltraPro QQQ has a twelve month low of $37.32 and a twelve month high of $88.09. The firm has a market capitalization of $36.89 billion, a PE ratio of 38.25 and a beta of 3.71.

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.