ProShares UltraPro QQQ (NASDAQ:TQQQ – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $70.65 and traded as high as $79.49. ProShares UltraPro QQQ shares last traded at $78.91, with a volume of 53,622,611 shares.
ProShares UltraPro QQQ Stock Performance
The business’s 50-day moving average is $70.85 and its two-hundred day moving average is $67.27. The stock has a market capitalization of $39.86 billion, a PE ratio of 38.25 and a beta of 3.71.
Institutional Trading of ProShares UltraPro QQQ
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Anchor Investment Management LLC acquired a new position in shares of ProShares UltraPro QQQ during the second quarter worth about $65,000. Smith Chas P & Associates PA Cpas lifted its position in ProShares UltraPro QQQ by 57.4% in the second quarter. Smith Chas P & Associates PA Cpas now owns 13,705 shares of the exchange traded fund’s stock valued at $1,056,000 after purchasing an additional 5,000 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in ProShares UltraPro QQQ in the second quarter valued at about $236,000. Allworth Financial LP boosted its holdings in ProShares UltraPro QQQ by 3,891.0% in the 2nd quarter. Allworth Financial LP now owns 89,677 shares of the exchange traded fund’s stock valued at $7,264,000 after purchasing an additional 87,430 shares in the last quarter. Finally, Alternative Investment Advisors LLC. boosted its holdings in ProShares UltraPro QQQ by 7.3% in the 2nd quarter. Alternative Investment Advisors LLC. now owns 6,595 shares of the exchange traded fund’s stock valued at $534,000 after purchasing an additional 446 shares in the last quarter.
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. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.
See Also
- Five stocks we like better than ProShares UltraPro QQQ
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for ProShares UltraPro QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
