SG Americas Securities LLC Buys New Shares in ProShares UltraPro QQQ $TQQQ

SG Americas Securities LLC purchased a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,000 shares of the exchange traded fund’s stock, valued at approximately $908,000.

A number of other large investors have also recently bought and sold shares of the business. Howard Capital Management Inc. lifted 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 purchasing an additional 3,855,510 shares during the period. Oriental Harbor Investment Master Fund grew its stake in ProShares UltraPro QQQ by 100.0% during the fourth quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock worth $126,614,000 after purchasing an additional 1,200,820 shares during the period. Cantor Fitzgerald L. P. increased its holdings 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. PPSC Investment Service Corp increased its holdings 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 worth $65,836,000 after purchasing an additional 671,023 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC lifted 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 buying an additional 530,708 shares during the period.

ProShares UltraPro QQQ Stock Performance

ProShares UltraPro QQQ stock opened at $73.35 on Monday. The stock has a market capitalization of $35.17 billion, a price-to-earnings ratio of 38.25 and a beta of 3.69. ProShares UltraPro QQQ has a 52-week low of $37.32 and a 52-week high of $88.09. The stock’s 50 day moving average price is $75.73 and its two-hundred day moving average price is $59.52.

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.