Mesirow Financial Investment Management Inc. Buys New Shares in ProShares Ultra QQQ $QLD

Mesirow Financial Investment Management Inc. bought a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 81,380 shares of the company’s stock, valued at approximately $7,784,000. Mesirow Financial Investment Management Inc. owned 0.05% of ProShares Ultra QQQ at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lido Advisors LLC bought a new position in shares of ProShares Ultra QQQ in the third quarter worth approximately $1,569,000. Keybank National Association OH purchased a new stake in shares of ProShares Ultra QQQ in the third quarter worth $653,000. Simplex Trading LLC bought a new stake in shares of ProShares Ultra QQQ during the 3rd quarter valued at $371,000. 180 Wealth Advisors LLC raised its position in shares of ProShares Ultra QQQ by 5.5% during the 3rd quarter. 180 Wealth Advisors LLC now owns 27,278 shares of the company’s stock valued at $2,609,000 after purchasing an additional 1,425 shares during the period. Finally, Commonwealth Equity Services LLC bought a new stake in shares of ProShares Ultra QQQ during the 3rd quarter valued at $203,000.

ProShares Ultra QQQ Stock Performance

QLD opened at $78.20 on Wednesday. ProShares Ultra QQQ has a fifty-two week low of $56.60 and a fifty-two week high of $101.62. The firm’s fifty day moving average is $90.34 and its 200 day moving average is $83.41. The stock has a market cap of $12.09 billion, a price-to-earnings ratio of 31.03 and a beta of 2.48.

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.