First National Corp MA ADV Cuts Position in ProShares Ultra QQQ (NYSEARCA:QLD)

First National Corp MA ADV lessened its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLDFree Report) by 30.8% during the 4th quarter, Holdings Channel reports. The firm owned 26,970 shares of the company’s stock after selling 12,017 shares during the period. First National Corp MA ADV’s holdings in ProShares Ultra QQQ were worth $2,050,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of QLD. Clearstead Advisors LLC purchased a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at approximately $21,653,000. Sowell Financial Services LLC lifted its stake in shares of ProShares Ultra QQQ by 166.2% during the first quarter. Sowell Financial Services LLC now owns 360,577 shares of the company’s stock valued at $12,646,000 after buying an additional 225,142 shares during the period. Pathstone Family Office LLC acquired a new position in ProShares Ultra QQQ in the third quarter valued at $17,182,000. Jane Street Group LLC increased its stake in shares of ProShares Ultra QQQ by 69.9% during the 3rd quarter. Jane Street Group LLC now owns 213,589 shares of the company’s stock valued at $7,830,000 after acquiring an additional 87,849 shares during the last quarter. Finally, Westwood Wealth Management increased its position in ProShares Ultra QQQ by 0.7% during the third quarter. Westwood Wealth Management now owns 123,536 shares of the company’s stock worth $7,332,000 after purchasing an additional 800 shares during the last quarter.

ProShares Ultra QQQ Trading Down 0.0 %

QLD stock opened at $87.86 on Thursday. The company has a market cap of $7.00 billion, a PE ratio of 25.00 and a beta of 2.27. ProShares Ultra QQQ has a 12-month low of $45.98 and a 12-month high of $89.74. The stock has a 50-day moving average price of $84.20 and a two-hundred day moving average price of $72.74.

ProShares Ultra QQQ Profile

(Free Report)

ProShares Ultra QQQ (the Fund), formerly Ultra QQQ ProShares, seeks daily investment results that correspond to twice the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents the largest non-financial domestic and international issues listed on The NASDAQ Stock Market. To be eligible for inclusion, companies cannot be in bankruptcy proceedings and must meet certain additional criteria, including minimum trading volume and seasoning requirements.

Further Reading

Want to see what other hedge funds are holding QLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra QQQ (NYSEARCA:QLDFree Report).

Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

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