Flow Traders U.S. LLC increased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 390.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,098 shares of the company’s stock after acquiring an additional 30,330 shares during the period. Flow Traders U.S. LLC owned about 0.05% of ProShares Ultra QQQ worth $3,386,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in the company. Main Street Group LTD boosted its position in shares of ProShares Ultra QQQ by 4.5% during the 4th quarter. Main Street Group LTD now owns 489,165 shares of the company’s stock worth $52,947,000 after acquiring an additional 20,918 shares in the last quarter. IMC Chicago LLC acquired a new stake in shares of ProShares Ultra QQQ during the 1st quarter worth approximately $17,880,000. Marshall Financial Group LLC acquired a new stake in shares of ProShares Ultra QQQ during the 1st quarter worth approximately $16,301,000. GenWealth Group Inc. boosted its position in shares of ProShares Ultra QQQ by 5.1% during the 1st quarter. GenWealth Group Inc. now owns 64,763 shares of the company’s stock worth $5,756,000 after acquiring an additional 3,129 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of ProShares Ultra QQQ during the 1st quarter worth approximately $4,827,000.
ProShares Ultra QQQ Price Performance
Shares of ProShares Ultra QQQ stock opened at $121.45 on Friday. ProShares Ultra QQQ has a fifty-two week low of $64.72 and a fifty-two week high of $130.42. The firm has a market capitalization of $8.91 billion, a P/E ratio of 31.03 and a beta of 2.27. The company’s 50 day moving average price is $119.62 and its two-hundred day moving average price is $105.16.
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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