SVB Wealth LLC has taken a new position in ProShares UltraPro QQQ ETF (NASDAQ: TQQQ), acquiring 1,712 shares valued at approximately $121,000, as of the latest filing on March 4, 2025. This move comes amidst a broader trend in which significant investment firms are eyeing leveraged ETFs to capitalize on market performance. ProShares UltraPro QQQ ETF is designed to provide 3x the daily performance of the NASDAQ-100 Index. In parallel, SBI Securities Co. Ltd. increased its stake in the same ETF by acquiring an additional 125,994 shares, totaling about $9.25 million, as disclosed in their filing on March 2, 2025. SBI’s recent investment underscores their bullish stance on the technology-heavy index represented by the NASDAQ-100. According to analysts, these movements indicate a growing confidence in the tech sector’s resilience and recovery potential. Investors are advised to consider the risks associated with leveraged ETFs, which can amplify gains but also losses in a volatile market environment.
SVB Wealth and SBI Securities Increase Positions in ProShares UltraPro QQQ ETF
