Hartford Financial Management Inc. acquired a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the third quarter, according to its most recent filing with the SEC. The fund acquired 500 shares of the exchange traded fund’s stock, valued at approximately $65,000.
Several other large investors also recently added to or reduced their stakes in the stock. FormulaFolio Investments LLC bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at $260,000. Provident Wealth Management LLC bought a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at $57,000. PNC Financial Services Group Inc. increased its stake in ProShares UltraPro QQQ by 261.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 45,286 shares of the exchange traded fund’s stock worth $4,423,000 after acquiring an additional 32,751 shares during the last quarter. CastleArk Alternatives LLC bought a new position in ProShares UltraPro QQQ in the 2nd quarter worth about $1,465,000. Finally, Rockefeller Capital Management L.P. bought a new position in ProShares UltraPro QQQ in the 2nd quarter worth about $50,000.
NASDAQ TQQQ traded down $2.26 during trading on Friday, reaching $145.10. The company’s stock had a trading volume of 28,512,138 shares, compared to its average volume of 39,687,961. The firm has a fifty day moving average of $134.97 and a 200 day moving average of $102.17. ProShares UltraPro QQQ has a one year low of $32.27 and a one year high of $175.67.
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.
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