Castleview Partners LLC raised its position in ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 38.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,841 shares of the company’s stock after buying an additional 5,257 shares during the quarter. ProShares Ultra QQQ accounts for 1.0% of Castleview Partners LLC’s holdings, making the stock its 15th biggest holding. Castleview Partners LLC’s holdings in ProShares Ultra QQQ were worth $1,897,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QLD. Flow Traders U.S. LLC grew its holdings in ProShares Ultra QQQ by 6,662.8% in the 1st quarter. Flow Traders U.S. LLC now owns 179,416 shares of the company’s stock valued at $15,695,000 after buying an additional 176,763 shares in the last quarter. Aveo Capital Partners LLC grew its holdings in ProShares Ultra QQQ by 200.2% in the 2nd quarter. Aveo Capital Partners LLC now owns 255,288 shares of the company’s stock valued at $25,480,000 after buying an additional 170,254 shares in the last quarter. First National Corp MA ADV grew its holdings in shares of ProShares Ultra QQQ by 1,039.1% during the 3rd quarter. First National Corp MA ADV now owns 87,014 shares of the company’s stock worth $8,762,000 after purchasing an additional 79,375 shares in the last quarter. Connective Capital Management LLC acquired a new stake in shares of ProShares Ultra QQQ during the 1st quarter worth $4,633,000. Finally, Client First Investment Management LLC acquired a new stake in shares of ProShares Ultra QQQ during the 2nd quarter worth $4,888,000.
ProShares Ultra QQQ Stock Down 0.8 %
Shares of QLD traded down $0.79 during trading hours on Monday, hitting $102.14. 846,395 shares of the company were exchanged, compared to its average volume of 3,290,987. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a fifty-two week low of $53.72 and a fifty-two week high of $110.04. The firm’s fifty day moving average is $96.81 and its 200 day moving average is $93.60.
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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