Rollins Financial Advisors LLC Acquires 15,405 Shares of ProShares Ultra QQQ $QLD

Rollins Financial Advisors LLC raised its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 109.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,427 shares of the company’s stock after purchasing an additional 15,405 shares during the quarter. Rollins Financial Advisors LLC’s holdings in ProShares Ultra QQQ were worth $2,072,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. lifted its position in shares of ProShares Ultra QQQ by 100.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 800 shares of the company’s stock worth $56,000 after purchasing an additional 400 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of ProShares Ultra QQQ during the third quarter worth $71,000. Financial Consulate Inc. lifted its position in shares of ProShares Ultra QQQ by 88.5% during the fourth quarter. Financial Consulate Inc. now owns 1,067 shares of the company’s stock worth $75,000 after purchasing an additional 501 shares during the last quarter. Spire Wealth Management lifted its position in shares of ProShares Ultra QQQ by 152.0% during the fourth quarter. Spire Wealth Management now owns 1,527 shares of the company’s stock worth $108,000 after purchasing an additional 921 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of ProShares Ultra QQQ by 100.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,898 shares of the company’s stock worth $134,000 after buying an additional 949 shares during the period.

ProShares Ultra QQQ Trading Down 1.7%

Shares of QLD stock opened at $90.69 on Wednesday. ProShares Ultra QQQ has a twelve month low of $49.74 and a twelve month high of $92.61. The stock has a market capitalization of $13.44 billion, a price-to-earnings ratio of 31.03 and a beta of 2.43. The stock has a fifty day simple moving average of $71.00 and a two-hundred day simple moving average of $70.92.

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.