ProShares Ultra QQQ (NYSEARCA:QLD) Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp reduced its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 204,516 shares of the company’s stock after selling 3,573 shares during the quarter. ProShares Ultra QQQ makes up about 2.6% of Toth Financial Advisory Corp’s holdings, making the stock its 4th largest holding. Toth Financial Advisory Corp’s holdings in ProShares Ultra QQQ were worth $22,137,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group raised its position in ProShares Ultra QQQ by 36.5% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock worth $114,000 after buying an additional 306 shares during the last quarter. Tradition Wealth Management LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter worth $207,000. Anchor Investment Management LLC raised its position in ProShares Ultra QQQ by 131.2% during the 2nd quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock worth $231,000 after buying an additional 1,312 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter worth $233,000. Finally, Klingman & Associates LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter worth $253,000.

ProShares Ultra QQQ Trading Down 1.2 %

Shares of QLD stock opened at $115.49 on Friday. The company has a market cap of $7.90 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. The stock has a 50 day simple moving average of $111.26 and a 200-day simple moving average of $102.67. ProShares Ultra QQQ has a 12-month low of $75.28 and a 12-month high of $120.68.

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.