ProShares Ultra QQQ $QLD Shares Sold by Castleview Partners LLC

Castleview Partners LLC lowered its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 58.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,456 shares of the company’s stock after selling 17,439 shares during the quarter. Castleview Partners LLC’s holdings in ProShares Ultra QQQ were worth $1,191,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dale Q Rice Investment Management Ltd increased its holdings in shares of ProShares Ultra QQQ by 0.3% during the third quarter. Dale Q Rice Investment Management Ltd now owns 258,195 shares of the company’s stock valued at $24,696,000 after acquiring an additional 682 shares in the last quarter. Turner Capital Investments LLC purchased a new stake in ProShares Ultra QQQ during the 3rd quarter valued at $44,161,000. Farther Finance Advisors LLC lifted its holdings in ProShares Ultra QQQ by 12.7% in the third quarter. Farther Finance Advisors LLC now owns 23,124 shares of the company’s stock valued at $2,212,000 after acquiring an additional 2,610 shares during the period. Toth Financial Advisory Corp bought a new position in shares of ProShares Ultra QQQ in the 3rd quarter worth approximately $22,280,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in shares of ProShares Ultra QQQ during the 3rd quarter worth $248,000.

ProShares Ultra QQQ Stock Up 0.9%

Shares of QLD opened at $98.42 on Friday. The business has a 50-day simple moving average of $92.31 and a two-hundred day simple moving average of $87.31. The stock has a market cap of $15.52 billion, a price-to-earnings ratio of 31.03 and a beta of 2.46. ProShares Ultra QQQ has a 52 week low of $56.60 and a 52 week high of $101.62.

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.