DeDora Capital Inc. increased its stake in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,328 shares of the exchange traded fund’s stock after purchasing an additional 745 shares during the period. ProShares UltraPro QQQ accounts for 1.9% of DeDora Capital Inc.’s portfolio, making the stock its 10th largest position. DeDora Capital Inc. owned approximately 0.07% of ProShares UltraPro QQQ worth $2,676,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Mycio Wealth Partners LLC acquired a new position in shares of ProShares UltraPro QQQ in the 2nd quarter worth $42,000. Envestnet Asset Management Inc. purchased a new position in shares of ProShares UltraPro QQQ during the second quarter valued at $364,000. Coastal Investment Advisors Inc. grew its holdings in shares of ProShares UltraPro QQQ by 28,263.2% during the second quarter. Coastal Investment Advisors Inc. now owns 33,185 shares of the exchange traded fund’s stock valued at $2,048,000 after buying an additional 33,068 shares in the last quarter. Hengehold Capital Management LLC purchased a new position in shares of ProShares UltraPro QQQ during the second quarter valued at $417,000. Finally, AE Wealth Management LLC purchased a new position in shares of ProShares UltraPro QQQ during the second quarter valued at $239,000.
Shares of NASDAQ:TQQQ traded down $0.35 on Friday, reaching $65.63. The company had a trading volume of 1,545,734 shares, compared to its average volume of 18,349,287. ProShares UltraPro QQQ has a twelve month low of $30.32 and a twelve month high of $73.17. The stock has a 50-day moving average price of $61.77 and a 200 day moving average price of $60.06.
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.
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