Barclays PLC Acquires 770 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Barclays PLC increased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 411.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 957 shares of the company’s stock after acquiring an additional 770 shares during the period. Barclays PLC’s holdings in ProShares Ultra QQQ were worth $104,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Global View Capital Management LLC purchased a new stake in shares of ProShares Ultra QQQ in the 4th quarter valued at $69,158,000. Aveo Capital Partners LLC lifted its stake in 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 worth $15,500,000 after purchasing an additional 140,510 shares during the last quarter. Westwood Wealth Management boosted its position in ProShares Ultra QQQ by 1.1% during the fourth quarter. Westwood Wealth Management now owns 133,365 shares of the company’s stock valued at $14,435,000 after buying an additional 1,505 shares during the period. Ridgepath Capital Management LLC bought a new position in shares of ProShares Ultra QQQ during the fourth quarter valued at about $10,787,000. Finally, First National Corp MA ADV increased its holdings in shares of ProShares Ultra QQQ by 5.5% in the fourth 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 Price Performance

Shares of QLD stock opened at $104.93 on Thursday. The business has a 50-day moving average of $87.70 and a 200 day moving average of $102.40. ProShares Ultra QQQ has a 1-year low of $64.72 and a 1-year high of $120.68. The stock has a market capitalization of $7.42 billion, a PE ratio of 31.03 and a beta of 2.35.

ProShares Ultra QQQ Company 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.