Townsquare Capital LLC grew its stake in ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,531 shares of the company’s stock after acquiring an additional 442 shares during the period. Townsquare Capital LLC’s holdings in ProShares Ultra QQQ were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of QLD. Compass Planning Associates Inc acquired a new stake in shares of ProShares Ultra QQQ in the fourth quarter valued at approximately $40,000. Financial Life Planners acquired a new stake in shares of ProShares Ultra QQQ in the 4th quarter valued at $51,000. Cape Investment Advisory Inc. bought a new stake in shares of ProShares Ultra QQQ during the fourth quarter worth $54,000. IFP Advisors Inc lifted its stake in shares of ProShares Ultra QQQ by 226.1% during the fourth quarter. IFP Advisors Inc now owns 499 shares of the company’s stock valued at $54,000 after acquiring an additional 346 shares during the period. Finally, Blair William & Co. IL bought a new position in ProShares Ultra QQQ in the fourth quarter valued at about $177,000.
ProShares Ultra QQQ Stock Down 0.2 %
Shares of QLD stock opened at $77.64 on Monday. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 26.35 and a beta of 2.36. ProShares Ultra QQQ has a 12 month low of $64.72 and a 12 month high of $120.68. The stock has a 50-day moving average price of $94.62 and a 200 day moving average price of $103.88.
ProShares Ultra QQQ Cuts Dividend
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.
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