ProShares Ultra QQQ $QLD Shares Acquired by Legacy Wealth Managment LLC ID

Legacy Wealth Managment LLC ID boosted its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 61.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,756 shares of the company’s stock after acquiring an additional 6,760 shares during the period. Legacy Wealth Managment LLC ID’s holdings in ProShares Ultra QQQ were worth $1,250,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Financial Engines Advisors L.L.C. grew its position in shares of ProShares Ultra QQQ by 0.7% during the third quarter. Financial Engines Advisors L.L.C. now owns 16,513 shares of the company’s stock worth $2,266,000 after acquiring an additional 122 shares during the last quarter. Capital Advisory Group Advisory Services LLC lifted its holdings in ProShares Ultra QQQ by 2.6% in the third quarter. Capital Advisory Group Advisory Services LLC now owns 7,285 shares of the company’s stock worth $1,000,000 after purchasing an additional 185 shares during the period. Creative Planning lifted its holdings in ProShares Ultra QQQ by 1.1% in the 3rd quarter. Creative Planning now owns 33,298 shares of the company’s stock valued at $4,568,000 after acquiring an additional 364 shares during the last quarter. Orion Porfolio Solutions LLC lifted its holdings in ProShares Ultra QQQ by 3.6% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 10,863 shares of the company’s stock valued at $1,490,000 after acquiring an additional 375 shares during the last quarter. Finally, Innova Wealth Partners lifted its holdings in ProShares Ultra QQQ by 3.3% in the 3rd quarter. Innova Wealth Partners now owns 11,968 shares of the company’s stock valued at $1,642,000 after acquiring an additional 386 shares during the last quarter.

ProShares Ultra QQQ Trading Up 4.6%

QLD stock opened at $91.72 on Friday. ProShares Ultra QQQ has a one year low of $46.22 and a one year high of $91.74. The firm has a market capitalization of $13.59 billion, a PE ratio of 31.03 and a beta of 2.43. The firm has a 50-day moving average of $69.63 and a two-hundred day moving average of $70.47.

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. The Index is calculated under a modified capitalization-weighted methodology.