Envestnet Portfolio Solutions Inc. bought a new stake in ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,769 shares of the company’s stock, valued at approximately $438,000.
Other large investors also recently modified their holdings of the company. CRA Financial Services LLC acquired a new position in shares of ProShares Ultra QQQ in the 4th quarter valued at approximately $214,000. Pathstone Family Office LLC bought a new stake in shares of ProShares Ultra QQQ in the third quarter worth $17,182,000. Citigroup Inc. boosted its holdings in ProShares Ultra QQQ by 20.0% during the third quarter. Citigroup Inc. now owns 2,280 shares of the company’s stock worth $135,000 after purchasing an additional 380 shares during the last quarter. Grandview Asset Management LLC bought a new position in ProShares Ultra QQQ in the fourth quarter valued at $243,000. Finally, Lowery Thomas LLC acquired a new stake in ProShares Ultra QQQ in the 4th quarter valued at $237,000.
ProShares Ultra QQQ Price Performance
Shares of NYSEARCA:QLD opened at $90.94 on Thursday. The stock has a market capitalization of $6.22 billion, a PE ratio of 25.00 and a beta of 2.55. The company’s 50-day moving average price is $84.93 and its two-hundred day moving average price is $79.47. ProShares Ultra QQQ has a one year low of $51.62 and a one year high of $91.37.
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.
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