Ascentis Independent Advisors Purchases 8,168 Shares of ProShares UltraPro QQQ $TQQQ

Ascentis Independent Advisors lifted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,271 shares of the exchange traded fund’s stock after buying an additional 8,168 shares during the quarter. Ascentis Independent Advisors’ holdings in ProShares UltraPro QQQ were worth $678,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Daviman Financial LLC grew its stake in shares of ProShares UltraPro QQQ by 1.3% in the first quarter. Daviman Financial LLC now owns 13,592 shares of the exchange traded fund’s stock valued at $567,000 after acquiring an additional 179 shares in the last quarter. Rodgers & Associates LTD raised its stake 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 worth $232,000 after purchasing an additional 202 shares in the last quarter. CoreCap Advisors LLC raised its stake 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 worth $31,000 after purchasing an additional 240 shares in the last quarter. IFP Advisors Inc boosted its holdings in ProShares UltraPro QQQ by 25.7% in the 4th quarter. IFP Advisors Inc now owns 1,388 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 284 shares during the period. Finally, BOKF NA boosted its holdings in ProShares UltraPro QQQ by 100.0% in the 4th quarter. BOKF NA now owns 600 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 300 shares during the period.

ProShares UltraPro QQQ Stock Up 0.7%

Shares of NASDAQ:TQQQ opened at $72.72 on Thursday. The company’s 50 day moving average price is $76.47 and its two-hundred day moving average price is $60.00. ProShares UltraPro QQQ has a 12-month low of $37.32 and a 12-month high of $88.09. The firm has a market cap of $35.13 billion, a PE ratio of 38.25 and a beta of 3.69.

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.