From MarketBeat:



Flagstar Advisors Inc. has acquired a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ) during the 3rd quarter, as disclosed in its recent Form 13F filing with the SEC. The institutional investor has acquired 53,206 shares of the exchange traded fund’s stock, valued at approximately $1,895,000. Several other institutional investors have also recently bought and sold shares of TQQQ, including GTS Securities LLC, Osaic Holdings Inc., Jane Street Group LLC, Prosperity Wealth Management Inc., and JPMorgan Chase & Co. ProShares UltraPro QQQ has a 1-year low of $16.10 and a 1-year high of $51.27. It also recently increased its quarterly dividend, paying its shareholders $0.223 per share. The stock has a 50-day moving average price of $41.83 and a 200-day moving average price of $40.66. The company’s stock reached $51.04 on Tuesday.

The Proshares UltraPro QQQ ETF seeks daily investment results that correspond to triple the daily performance of the NASDAQ-100 Index, investing in equity securities, derivatives, and money market instruments. For more information, interested individuals can visit HoldingsChannel.com to access the latest 13F filings and insider trades for ProShares UltraPro QQQ. Additionally, MarketBeat keeps track of top-rated analysts and the stocks they recommend to their clients daily, while the best-performing analysts believe in companies other than ProShares UltraPro QQQ. Instead of investing in TQQQ, these analysts recommend five other stocks that can be found through MarketBeat’s site. For those considering investing in Meta, Roblox, or Unity, MarketBeat’s free report provides crucial information on the metaverse and public markets.



Read more: Flagstar Advisors Inc. Purchases New Stake in ProShares UltraPro QQQ (NASDAQ:TQQQ)