Edgestream Partners L.P. Boosts Stake in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Posted by Jeff Wilder on Mar 10th, 2025

Edgestream Partners L.P. raised its position in ProShares UltraPro QQQ (NASDAQ:TQQQ – Free Report) by 194.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,134 shares of the exchange traded fund’s stock after buying an additional 17,263 shares during the period. Edgestream Partners L.P.’s holdings in ProShares UltraPro QQQ were worth $2,068,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TQQQ. Oriental Harbor Investment Fund purchased a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at about $82,199,000. BNP Paribas Financial Markets purchased a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at about $21,747,000. Tidal Investments LLC purchased a new stake in ProShares UltraPro QQQ in the 3rd quarter valued at about $11,598,000. Paragon Advisors LLC increased its stake in ProShares UltraPro QQQ by 22.9% in the 3rd quarter. Paragon Advisors LLC now owns 741,671 shares of the exchange traded fund’s stock valued at $53,764,000 after buying an additional 138,343 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in ProShares UltraPro QQQ in the 4th quarter valued at about $9,970,000.

ProShares UltraPro QQQ Stock Performance

NASDAQ:TQQQ opened at $67.41 on Monday. The firm has a 50-day moving average price of $81.28 and a two-hundred day moving average price of $77.42. ProShares UltraPro QQQ has a 52 week low of $48.80 and a 52 week high of $93.79. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 30.83 and a beta of 3.45.

ProShares UltraPro QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ’s previous dividend of $0.23.

ProShares UltraPro QQQ Profile

(Free Report)

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.