Corient Private Wealth LLC Increases Holdings in ProShares UltraPro QQQ $TQQQ

Corient Private Wealth LLC increased its position in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 85.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,040 shares of the exchange traded fund’s stock after buying an additional 92,125 shares during the quarter. Corient Private Wealth LLC’s holdings in ProShares UltraPro QQQ were worth $10,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of TQQQ. Sherman Wealth Management LLC bought a new stake in ProShares UltraPro QQQ in the fourth quarter worth $2,249,000. Paragon Advisors LLC grew its stake in shares of ProShares UltraPro QQQ by 104.6% during the fourth quarter. Paragon Advisors LLC now owns 146,543 shares of the exchange traded fund’s stock valued at $7,726,000 after buying an additional 74,933 shares during the last quarter. Spire Wealth Management grew its stake in shares of ProShares UltraPro QQQ by 4,456.0% during the fourth quarter. Spire Wealth Management now owns 28,657 shares of the exchange traded fund’s stock valued at $1,511,000 after buying an additional 28,028 shares during the last quarter. MFG Wealth Management Inc. grew its stake in shares of ProShares UltraPro QQQ by 98.3% during the fourth quarter. MFG Wealth Management Inc. now owns 67,453 shares of the exchange traded fund’s stock valued at $3,556,000 after buying an additional 33,442 shares during the last quarter. Finally, Diversified Trust Co. increased its holdings in shares of ProShares UltraPro QQQ by 100.0% in the fourth quarter. Diversified Trust Co. now owns 110,000 shares of the exchange traded fund’s stock worth $5,799,000 after buying an additional 55,000 shares during the period.

ProShares UltraPro QQQ Price Performance

Shares of TQQQ stock opened at $72.93 on Thursday. The stock has a market capitalization of $35.97 billion, a PE ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 1-year low of $37.32 and a 1-year high of $88.09. The business has a 50-day moving average of $73.15 and a 200 day moving average of $58.51.

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.