Main Street Group LTD Has $75.09 Million Holdings in ProShares Ultra QQQ $QLD

Main Street Group LTD increased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 2.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 547,311 shares of the company’s stock after acquiring an additional 12,223 shares during the period. ProShares Ultra QQQ makes up about 22.0% of Main Street Group LTD’s holdings, making the stock its biggest position. Main Street Group LTD owned 0.74% of ProShares Ultra QQQ worth $75,091,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QLD. Howard Capital Management Inc. grew its position in shares of ProShares Ultra QQQ by 7,370.9% during the 2nd quarter. Howard Capital Management Inc. now owns 6,471,937 shares of the company’s stock valued at $762,617,000 after purchasing an additional 6,385,308 shares in the last quarter. Global View Capital Management LLC grew its position in ProShares Ultra QQQ by 2.1% during the third quarter. Global View Capital Management LLC now owns 833,798 shares of the company’s stock worth $114,397,000 after buying an additional 17,386 shares in the last quarter. Clearstead Trust LLC increased its stake in ProShares Ultra QQQ by 1.7% in the 2nd quarter. Clearstead Trust LLC now owns 362,025 shares of the company’s stock worth $42,614,000 after acquiring an additional 6,014 shares during the last quarter. Quadrature Capital Ltd bought a new position in ProShares Ultra QQQ in the 2nd quarter worth about $39,925,000. Finally, Westwood Wealth Management raised its holdings in shares of ProShares Ultra QQQ by 7.9% in the 2nd quarter. Westwood Wealth Management now owns 148,615 shares of the company’s stock valued at $17,493,000 after acquiring an additional 10,850 shares in the last quarter.

ProShares Ultra QQQ Trading Up 0.3%

Shares of NYSEARCA QLD opened at $66.92 on Friday. The business has a 50-day moving average of $71.17 and a 200-day moving average of $68.77. The firm has a market capitalization of $9.96 billion, a price-to-earnings ratio of 31.03 and a beta of 2.31. ProShares Ultra QQQ has a 12 month low of $32.36 and a 12 month high of $76.67.

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.