2,315 Shares in ProShares Ultra QQQ (NYSEARCA:QLD) Acquired by Safe Harbor Fiduciary LLC

Safe Harbor Fiduciary LLC purchased a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 2,315 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at approximately $163,000. Burke & Herbert Bank & Trust Co. acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at approximately $1,268,000. Envestnet Portfolio Solutions Inc. raised its position in shares of ProShares Ultra QQQ by 4.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,243 shares of the company’s stock valued at $623,000 after purchasing an additional 294 shares in the last quarter. 180 Wealth Advisors LLC acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at approximately $1,364,000. Finally, James J. Burns & Company LLC acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at approximately $299,000.

ProShares Ultra QQQ Stock Up 2.4 %

Shares of QLD opened at $113.98 on Thursday. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 52-week low of $67.04 and a 52-week high of $114.07. The business’s 50 day moving average is $104.17 and its two-hundred day moving average is $98.70.

About ProShares Ultra QQQ

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.