Brandywine Oak Private Wealth LLC Purchases Shares of 2,456 ProShares Ultra QQQ $QLD

Brandywine Oak Private Wealth LLC purchased a new stake in ProShares Ultra QQQ (NYSEARCA:QLD) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,456 shares of the company’s stock, valued at approximately $289,000.

Other large investors also recently bought and sold shares of the company. Spire Wealth Management lifted its holdings in ProShares Ultra QQQ by 15.7% in the first quarter. Spire Wealth Management now owns 1,144 shares of the company’s stock valued at $102,000 after acquiring an additional 155 shares during the period. Envestnet Asset Management Inc. lifted its holdings in ProShares Ultra QQQ by 11.0% in the first quarter. Envestnet Asset Management Inc. now owns 18,693 shares of the company’s stock valued at $1,661,000 after acquiring an additional 1,854 shares during the period. Mesirow Financial Investment Management Inc. lifted its holdings in ProShares Ultra QQQ by 1.3% in the first quarter. Mesirow Financial Investment Management Inc. now owns 47,100 shares of the company’s stock valued at $4,186,000 after acquiring an additional 600 shares during the period. Norden Group LLC lifted its holdings in ProShares Ultra QQQ by 32.7% in the second quarter. Norden Group LLC now owns 3,006 shares of the company’s stock valued at $354,000 after acquiring an additional 741 shares during the period. Finally, Accurate Wealth Management LLC acquired a new position in ProShares Ultra QQQ in the second quarter valued at approximately $260,000.

ProShares Ultra QQQ Trading Down 0.3%

Shares of NYSEARCA:QLD opened at $141.75 on Friday. The company has a market capitalization of $10.21 billion, a PE ratio of 31.03 and a beta of 2.27. The business has a 50 day moving average of $129.93 and a two-hundred day moving average of $111.73. ProShares Ultra QQQ has a 12-month low of $64.72 and a 12-month high of $142.27.

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.