WealthBridge Capital Management LLC Boosts Stake in ProShares Ultra QQQ $QLD

WealthBridge Capital Management LLC boosted its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 90.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,841 shares of the company’s stock after buying an additional 7,997 shares during the period. WealthBridge Capital Management LLC’s holdings in ProShares Ultra QQQ were worth $1,027,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new stake in ProShares Ultra QQQ in the 3rd quarter worth approximately $71,000. Farmers & Merchants Investments Inc. boosted its position in shares of ProShares Ultra QQQ by 100.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 800 shares of the company’s stock valued at $56,000 after acquiring an additional 400 shares during the last quarter. Monetary Solutions Ltd bought a new position in shares of ProShares Ultra QQQ during the 4th quarter valued at approximately $59,000. Parallel Advisors LLC grew its holdings in shares of ProShares Ultra QQQ by 100.2% in the fourth quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock valued at $65,000 after purchasing an additional 462 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of ProShares Ultra QQQ by 300.8% in the fourth quarter. IFP Advisors Inc now owns 998 shares of the company’s stock valued at $70,000 after purchasing an additional 749 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

Shares of QLD opened at $91.22 on Wednesday. The stock has a market capitalization of $13.51 billion, a PE ratio of 31.03 and a beta of 2.46. The company’s fifty day moving average is $88.83 and its 200 day moving average is $75.81. ProShares Ultra QQQ has a fifty-two week low of $55.74 and a fifty-two week high of $101.19.

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