Headlands Technologies LLC raised its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 22.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,050 shares of the company’s stock after buying an additional 3,267 shares during the period. Headlands Technologies LLC’s holdings in ProShares Ultra QQQ were worth $1,954,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. Global View Capital Management LLC acquired a new position in ProShares Ultra QQQ during the 4th quarter worth about $69,158,000. Dale Q Rice Investment Management Ltd acquired a new stake in shares of ProShares Ultra QQQ during the fourth quarter worth about $24,535,000. Aveo Capital Partners LLC boosted its stake in shares of ProShares Ultra QQQ by 5,229.3% in the fourth quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock valued at $15,500,000 after purchasing an additional 140,510 shares during the period. Ridgepath Capital Management LLC acquired a new position in shares of ProShares Ultra QQQ in the fourth quarter valued at approximately $10,787,000. Finally, First National Corp MA ADV increased its stake in ProShares Ultra QQQ by 5.5% during the 4th quarter. First National Corp MA ADV now owns 91,788 shares of the company’s stock worth $9,935,000 after buying an additional 4,774 shares during the period.
ProShares Ultra QQQ Stock Up 1.6 %
ProShares Ultra QQQ stock opened at $90.27 on Wednesday. ProShares Ultra QQQ has a 52-week low of $75.28 and a 52-week high of $120.68. The firm has a market cap of $6.58 billion, a PE ratio of 27.52 and a beta of 2.36. The company’s 50 day moving average is $104.88 and its two-hundred day moving average is $105.95.
ProShares Ultra QQQ Cuts Dividend
ProShares Ultra QQQ Profile
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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