ProShares Ultra QQQ (NYSEARCA:QLD) Shares Sold by Wall Street Financial Group Inc.

Wall Street Financial Group Inc. lessened its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,548 shares of the company’s stock after selling 411 shares during the period. Wall Street Financial Group Inc.’s holdings in ProShares Ultra QQQ were worth $276,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC purchased a new stake in ProShares Ultra QQQ in the 2nd quarter worth approximately $217,000. Westwood Wealth Management grew its position in shares of ProShares Ultra QQQ by 3.3% in the second quarter. Westwood Wealth Management now owns 129,010 shares of the company’s stock valued at $12,876,000 after purchasing an additional 4,090 shares during the period. Oliver Lagore Vanvalin Investment Group increased its stake in ProShares Ultra QQQ by 36.5% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock valued at $114,000 after purchasing an additional 306 shares during the last quarter. Creative Planning increased its stake in ProShares Ultra QQQ by 12.7% in the second quarter. Creative Planning now owns 55,184 shares of the company’s stock valued at $5,508,000 after purchasing an additional 6,223 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in ProShares Ultra QQQ by 76.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,054 shares of the company’s stock worth $305,000 after buying an additional 1,328 shares during the period.

ProShares Ultra QQQ Price Performance

QLD opened at $113.40 on Wednesday. ProShares Ultra QQQ has a 12 month low of $75.28 and a 12 month high of $120.68. The business has a 50-day moving average of $110.63 and a two-hundred day moving average of $102.38. The stock has a market capitalization of $7.76 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55.

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.