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MFG Wealth Management Inc. reported that it elevated its place in ProShares UltraPro QQQ (NASDAQ:TQQQ), a leveraged exchange-traded fund that tracks the Nasdaq-100 Index, by 98.3% within the fourth quarter of 2025. The agency now owns 67,453 shares of the ETF, valued at $3.56 million.
Why it issues
ProShares UltraPro QQQ is a well-liked funding car for merchants and traders in search of leveraged publicity to the Nasdaq-100 Index. MFG Wealth Management’s important improve in its TQQQ holdings suggests the agency believes the tech-heavy index will proceed to outperform the broader market.
The particulars
According to the SEC submitting, MFG Wealth Management Inc. bought an extra 33,442 shares of ProShares UltraPro QQQ through the fourth quarter, bringing its whole place to 67,453 shares. The ETF now makes up 2.8% of the agency’s funding portfolio, making it the sixth-largest holding.
- MFG Wealth Management Inc. elevated its TQQQ place within the fourth quarter of 2025.
The gamers
MFG Wealth Management Inc.
An funding administration agency that oversees over $3.5 billion in shopper property.
ProShares UltraPro QQQ
A leveraged exchange-traded fund that seeks to supply 3x the each day return of the Nasdaq-100 Index.
The takeaway
MFG Wealth Management’s elevated stake in ProShares UltraPro QQQ suggests the agency is bullish on the continued outperformance of the Nasdaq-100 Index, which is closely weighted in direction of large-cap expertise shares.