ProShares Ultra QQQ $QLD Stock Holdings Raised by Main Street Group LTD

Main Street Group LTD grew its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 547,311 shares of the company’s stock after purchasing an additional 12,223 shares during the period. ProShares Ultra QQQ comprises about 22.0% of Main Street Group LTD’s holdings, making the stock its largest holding. Main Street Group LTD’s holdings in ProShares Ultra QQQ were worth $75,091,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of QLD. Bank of Montreal Can grew its holdings in shares of ProShares Ultra QQQ by 296.7% during the 2nd quarter. Bank of Montreal Can now owns 19,192 shares of the company’s stock valued at $2,259,000 after purchasing an additional 14,354 shares during the last quarter. Drive Wealth Management LLC bought a new position in shares of ProShares Ultra QQQ during the second quarter valued at about $985,000. Westwood Wealth Management increased its holdings in shares of ProShares Ultra QQQ by 7.9% in the second quarter. Westwood Wealth Management now owns 148,615 shares of the company’s stock worth $17,493,000 after buying an additional 10,850 shares during the period. Chicago Partners Investment Group LLC bought a new stake in shares of ProShares Ultra QQQ in the 2nd quarter valued at about $274,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in ProShares Ultra QQQ by 2,153.9% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 16,228 shares of the company’s stock valued at $1,910,000 after acquiring an additional 15,508 shares during the period.

ProShares Ultra QQQ Price Performance

Shares of ProShares Ultra QQQ stock opened at $66.92 on Friday. ProShares Ultra QQQ has a one year low of $32.36 and a one year high of $76.67. The business’s 50 day simple moving average is $71.17 and its two-hundred day simple moving average is $68.77. The stock has a market capitalization of $9.96 billion, a P/E ratio of 31.03 and a beta of 2.31.

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.