ProShares UltraPro QQQ $TQQQ Shares Purchased by Diversified Trust Co.

Diversified Trust Co. raised its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,000 shares of the exchange traded fund’s stock after purchasing an additional 55,000 shares during the quarter. Diversified Trust Co.’s holdings in ProShares UltraPro QQQ were worth $5,799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WFA of San Diego LLC purchased a new stake in shares of ProShares UltraPro QQQ in the second quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter valued at about $30,000. BOKF NA purchased a new stake in shares of ProShares UltraPro QQQ during the 3rd quarter valued at about $31,000. Edmond DE Rothschild Holding S.A. acquired a new position in ProShares UltraPro QQQ during the 2nd quarter worth approximately $42,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in ProShares UltraPro QQQ during the 3rd quarter worth approximately $44,000.

ProShares UltraPro QQQ Stock Up 3.5%

NASDAQ TQQQ opened at $44.57 on Tuesday. ProShares UltraPro QQQ has a fifty-two week low of $17.50 and a fifty-two week high of $60.69. The business has a 50 day moving average price of $50.50 and a two-hundred day moving average price of $52.11. The stock has a market cap of $23.92 billion, a PE ratio of 38.25 and a beta of 3.46.

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.