ProShares UltraPro QQQ (NASDAQ:TQQQ) Stock Price Down 0.5%

ProShares UltraPro QQQ (NASDAQ:TQQQ)’s stock price fell 0.5% during trading on Thursday . The stock traded as low as $56.26 and last traded at $56.30, 1,305,477 shares changed hands during trading. A decline of 93% from the average session volume of 18,408,215 shares. The stock had previously closed at $56.61.

The firm has a fifty day moving average of $64.65 and a 200 day moving average of $58.64.

Large investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter valued at about $272,000. Weaver Consulting Group purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter valued at about $100,000. Crosspoint Capital Strategies LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter valued at about $1,997,000. First Midwest Bank Trust Division raised its holdings in shares of ProShares UltraPro QQQ by 53.4% during the 1st quarter. First Midwest Bank Trust Division now owns 14,500 shares of the exchange traded fund’s stock valued at $822,000 after buying an additional 5,050 shares during the period. Finally, Creative Planning purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter valued at about $501,000.

ProShares UltraPro QQQ Company Profile (NASDAQ:TQQQ)

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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