Optivise Advisory Services LLC purchased a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,919 shares of the company’s stock, valued at approximately $211,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Global View Capital Management LLC purchased a new stake in ProShares Ultra QQQ during the 4th quarter valued at $69,158,000. Dale Q Rice Investment Management Ltd purchased a new stake in shares of ProShares Ultra QQQ during the fourth quarter worth about $24,535,000. Aveo Capital Partners LLC boosted its holdings in shares of ProShares Ultra QQQ by 5,229.3% during the fourth quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock worth $15,500,000 after purchasing an additional 140,510 shares during the period. Ridgepath Capital Management LLC bought a new stake in shares of ProShares Ultra QQQ in the fourth quarter worth about $10,787,000. Finally, Jump Financial LLC purchased a new position in ProShares Ultra QQQ during the 4th quarter valued at about $10,297,000.
ProShares Ultra QQQ Price Performance
QLD opened at $73.84 on Tuesday. ProShares Ultra QQQ has a one year low of $64.72 and a one year high of $120.68. The business has a 50 day simple moving average of $93.80 and a two-hundred day simple moving average of $103.69. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of 26.35 and a beta of 2.36.
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.
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