NorthRock Partners LLC Decreases Stake in ProShares UltraPro QQQ $TQQQ

NorthRock Partners LLC trimmed its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 35.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,806 shares of the exchange traded fund’s stock after selling 43,338 shares during the period. NorthRock Partners LLC’s holdings in ProShares UltraPro QQQ were worth $6,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. WFA of San Diego LLC acquired a new position in shares of ProShares UltraPro QQQ during the second quarter worth about $25,000. BOKF NA purchased a new position in shares of ProShares UltraPro QQQ during the 3rd quarter valued at approximately $31,000. Rothschild Investment LLC boosted its stake in shares of 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 buying an additional 350 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in shares of ProShares UltraPro QQQ by 100.0% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 828 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 414 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of ProShares UltraPro QQQ during the second quarter worth approximately $48,000.

ProShares UltraPro QQQ Price Performance

TQQQ opened at $72.16 on Wednesday. ProShares UltraPro QQQ has a 12-month low of $37.32 and a 12-month high of $88.09. The stock has a market capitalization of $36.70 billion, a PE ratio of 38.25 and a beta of 3.71. The firm’s fifty day moving average price is $71.29 and its 200 day moving average price is $65.48.

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.