ProShares UltraPro QQQ $TQQQ Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 3,657.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,223 shares of the exchange traded fund’s stock after purchasing an additional 117,997 shares during the quarter. International Assets Investment Management LLC’s holdings in ProShares UltraPro QQQ were worth $9,459,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Independent Financial Group LLC purchased a new position in ProShares UltraPro QQQ in the first quarter valued at about $12,430,000. IMC Chicago LLC increased its stake in shares of ProShares UltraPro QQQ by 290.6% during the 1st quarter. IMC Chicago LLC now owns 289,517 shares of the exchange traded fund’s stock worth $12,067,000 after purchasing an additional 215,397 shares during the last quarter. Vestia Personal Wealth Advisors increased its stake in shares of ProShares UltraPro QQQ by 100.7% during the 3rd quarter. Vestia Personal Wealth Advisors now owns 310,000 shares of the exchange traded fund’s stock worth $24,189,000 after purchasing an additional 155,556 shares during the last quarter. Turner Capital Investments LLC bought a new stake in shares of ProShares UltraPro QQQ in the 3rd quarter worth approximately $11,510,000. Finally, Ridgepath Capital Management LLC raised its holdings in shares of ProShares UltraPro QQQ by 285.4% in the 1st quarter. Ridgepath Capital Management LLC now owns 175,735 shares of the exchange traded fund’s stock worth $7,325,000 after purchasing an additional 130,136 shares during the period.

ProShares UltraPro QQQ Trading Down 10.5%

ProShares UltraPro QQQ stock opened at $62.01 on Friday. ProShares UltraPro QQQ has a 12 month low of $37.32 and a 12 month high of $88.09. The business’s 50 day simple moving average is $73.59 and its 200 day simple moving average is $65.44. The company has a market cap of $31.95 billion, a price-to-earnings 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.