Mesirow Financial Investment Management Inc. Acquires New Holdings in ProShares Ultra QQQ $QLD

Mesirow Financial Investment Management Inc. acquired a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 81,380 shares of the company’s stock, valued at approximately $7,784,000.

Other institutional investors have also modified their holdings of the company. Turner Capital Investments LLC purchased a new stake in ProShares Ultra QQQ in the 3rd quarter worth about $44,161,000. Toth Financial Advisory Corp bought a new stake in ProShares Ultra QQQ in the third quarter worth about $22,280,000. CPR Investments Inc. boosted its position in shares of ProShares Ultra QQQ by 1,268.1% during the third quarter. CPR Investments Inc. now owns 99,377 shares of the company’s stock valued at $9,535,000 after buying an additional 92,113 shares during the period. Legacy Wealth Partners LLC boosted its position in shares of ProShares Ultra QQQ by 727.2% during the third quarter. Legacy Wealth Partners LLC now owns 51,512 shares of the company’s stock valued at $4,927,000 after buying an additional 45,285 shares during the period. Finally, Sowell Financial Services LLC purchased a new position in shares of ProShares Ultra QQQ during the third quarter valued at approximately $3,555,000.

ProShares Ultra QQQ Stock Performance

QLD opened at $78.20 on Wednesday. The stock has a market cap of $12.09 billion, a price-to-earnings ratio of 31.03 and a beta of 2.48. The stock’s 50 day moving average price is $90.34 and its 200-day moving average price is $83.41. ProShares Ultra QQQ has a one year low of $56.60 and a one year 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.