Atria Wealth Solutions Inc. Acquires 4,473 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Atria Wealth Solutions Inc. lifted its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 75.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,385 shares of the company’s stock after purchasing an additional 4,473 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in ProShares Ultra QQQ were worth $1,124,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QLD. Dale Q Rice Investment Management Ltd bought a new stake in ProShares Ultra QQQ during the 4th quarter worth about $24,535,000. IMC Chicago LLC bought a new stake in ProShares Ultra QQQ during the 3rd quarter worth about $14,490,000. Aveo Capital Partners LLC raised its holdings in ProShares Ultra QQQ by 5,229.3% during the 4th 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. Ridgepath Capital Management LLC bought a new stake in ProShares Ultra QQQ during the 4th quarter worth about $10,787,000. Finally, Axxcess Wealth Management LLC bought a new stake in ProShares Ultra QQQ during the 3rd quarter worth about $10,032,000.

ProShares Ultra QQQ Trading Down 2.4 %

ProShares Ultra QQQ stock opened at $110.41 on Tuesday. The firm has a market capitalization of $7.81 billion, a P/E ratio of 33.52 and a beta of 2.23. ProShares Ultra QQQ has a 1 year low of $75.28 and a 1 year high of $120.68. The business has a 50-day moving average of $112.92 and a 200-day moving average of $105.33.

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.