Integrity Alliance LLC. decreased its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 42.1% in the third quarter, Holdings Channel.com reports. The firm owned 21,626 shares of the exchange traded fund’s stock after selling 15,700 shares during the period. Integrity Alliance LLC.’s holdings in ProShares UltraPro QQQ were worth $1,688,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ridgepath Capital Management LLC lifted its stake in ProShares UltraPro QQQ by 5.8% in the third quarter. Ridgepath Capital Management LLC now owns 69,435 shares of the exchange traded fund’s stock valued at $5,418,000 after acquiring an additional 3,778 shares during the last quarter. Intrua Financial LLC increased its position in ProShares UltraPro QQQ by 4.1% in the 3rd quarter. Intrua Financial LLC now owns 26,435 shares of the exchange traded fund’s stock worth $2,063,000 after buying an additional 1,035 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of ProShares UltraPro QQQ by 3,657.7% during the third quarter. International Assets Investment Management LLC now owns 121,223 shares of the exchange traded fund’s stock worth $9,459,000 after buying an additional 117,997 shares during the last quarter. Founders Financial Securities LLC acquired a new position in shares of ProShares UltraPro QQQ during the third quarter worth approximately $1,424,000. Finally, PPSC Investment Service Corp grew its stake in shares of ProShares UltraPro QQQ by 5.8% in the third quarter. PPSC Investment Service Corp now owns 1,497,357 shares of the exchange traded fund’s stock worth $116,839,000 after acquiring an additional 82,599 shares during the last quarter.
ProShares UltraPro QQQ Trading Up 2.8%
Shares of TQQQ stock opened at $62.24 on Thursday. The firm has a market capitalization of $32.20 billion, a P/E ratio of 38.25 and a beta of 3.73. ProShares UltraPro QQQ has a 1 year low of $37.32 and a 1 year high of $88.09. The firm’s fifty day simple moving average is $73.03 and its 200 day simple moving average is $65.53.
ProShares UltraPro QQQ Company 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.
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Want to see what other hedge funds are holding TQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report).
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