CPR Investments Inc. Sells 12,718 Shares of ProShares UltraPro QQQ $TQQQ

CPR Investments Inc. lowered its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 45.4% during the first quarter, Holdings Channel reports. The institutional investor owned 15,318 shares of the exchange traded fund’s stock after selling 12,718 shares during the quarter. ProShares UltraPro QQQ comprises about 0.4% of CPR Investments Inc.’s investment portfolio, making the stock its 25th biggest position. CPR Investments Inc.’s holdings in ProShares UltraPro QQQ were worth $638,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Howard Capital Management Inc. raised its stake in shares of ProShares UltraPro QQQ by 83.6% in the 4th quarter. Howard Capital Management Inc. now owns 8,465,262 shares of the exchange traded fund’s stock valued at $446,289,000 after buying an additional 3,855,510 shares in the last quarter. Oriental Harbor Investment Master Fund boosted its position in shares of ProShares UltraPro QQQ by 100.0% during the 4th quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock valued at $126,614,000 after acquiring an additional 1,200,820 shares in the last quarter. PPSC Investment Service Corp increased its stake in ProShares UltraPro QQQ by 116.1% in the fourth quarter. PPSC Investment Service Corp now owns 1,248,785 shares of the exchange traded fund’s stock valued at $65,836,000 after acquiring an additional 671,023 shares during the period. McElhenny Sheffield Capital Management LLC increased its stake in ProShares UltraPro QQQ by 77.7% in the fourth quarter. McElhenny Sheffield Capital Management LLC now owns 1,213,489 shares of the exchange traded fund’s stock valued at $63,975,000 after acquiring an additional 530,708 shares during the period. Finally, Cantor Fitzgerald L. P. raised its position in ProShares UltraPro QQQ by 823.5% in the third quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock worth $80,550,000 after purchasing an additional 694,661 shares in the last quarter.

ProShares UltraPro QQQ Price Performance

NASDAQ:TQQQ opened at $82.87 on Monday. The firm has a market capitalization of $40.87 billion, a PE ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 12-month low of $35.71 and a 12-month high of $88.09. The firm has a 50-day moving average price of $71.52 and a 200 day moving average price of $58.06.

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.