CoreCap Advisors LLC Acquires Shares of 2,687 ProShares Ultra QQQ (NYSEARCA:QLD)

CoreCap Advisors LLC purchased a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,687 shares of the company’s stock, valued at approximately $204,000.

Several other large investors have also modified their holdings of the stock. Grandview Asset Management LLC acquired a new stake in ProShares Ultra QQQ in the fourth quarter valued at $243,000. Foresight Capital Management Advisors Inc. acquired a new stake in ProShares Ultra QQQ in the fourth quarter valued at $609,000. Citigroup Inc. boosted its stake in shares of ProShares Ultra QQQ by 20.0% during the third quarter. Citigroup Inc. now owns 2,280 shares of the company’s stock valued at $135,000 after acquiring an additional 380 shares during the last quarter. Creative Planning boosted its stake in shares of ProShares Ultra QQQ by 1.7% during the third quarter. Creative Planning now owns 11,050 shares of the company’s stock valued at $656,000 after acquiring an additional 180 shares during the last quarter. Finally, First Foundation Advisors acquired a new stake in shares of ProShares Ultra QQQ during the third quarter valued at $810,000.

ProShares Ultra QQQ Stock Up 0.7 %

QLD opened at $87.90 on Thursday. The firm has a market cap of $7.01 billion, a P/E ratio of 25.00 and a beta of 2.27. ProShares Ultra QQQ has a 52 week low of $44.77 and a 52 week high of $89.74. The business’s fifty day simple moving average is $84.20 and its 200 day simple moving average is $72.74.

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.