World Investment Advisors Has $2.86 Million Stock Holdings in ProShares UltraPro QQQ $TQQQ

World Investment Advisors increased its stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 78.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,857 shares of the exchange traded fund’s stock after purchasing an additional 24,031 shares during the quarter. World Investment Advisors’ holdings in ProShares UltraPro QQQ were worth $2,861,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TQQQ. Millington Financial Advisors LLC increased its position in ProShares UltraPro QQQ by 1.4% in the 3rd quarter. Millington Financial Advisors LLC now owns 11,327 shares of the exchange traded fund’s stock valued at $1,169,000 after acquiring an additional 157 shares during the period. Merit Financial Group LLC increased its position in ProShares UltraPro QQQ by 2.1% in the 3rd quarter. Merit Financial Group LLC now owns 7,642 shares of the exchange traded fund’s stock valued at $790,000 after acquiring an additional 158 shares during the period. Rodgers & Associates LTD increased its position in ProShares UltraPro QQQ by 4.8% in the 4th quarter. Rodgers & Associates LTD now owns 4,404 shares of the exchange traded fund’s stock valued at $232,000 after acquiring an additional 202 shares during the period. CoreCap Advisors LLC increased its position in ProShares UltraPro QQQ by 69.8% in 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 period. Finally, Richmond Brothers Inc. increased its position in ProShares UltraPro QQQ by 2.4% in the 3rd quarter. Richmond Brothers Inc. now owns 10,588 shares of the exchange traded fund’s stock valued at $1,095,000 after acquiring an additional 253 shares during the period.

ProShares UltraPro QQQ Stock Performance

Shares of NASDAQ TQQQ opened at $75.34 on Friday. ProShares UltraPro QQQ has a 52-week low of $32.43 and a 52-week high of $79.68. The firm has a 50 day moving average price of $54.32 and a two-hundred day moving average price of $53.60. The stock has a market cap of $37.15 billion, a P/E ratio of 38.25 and a beta of 3.66.

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.