Koshinski Asset Management Inc. increased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 138.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,251 shares of the company’s stock after buying an additional 5,943 shares during the quarter. Koshinski Asset Management Inc.’s holdings in ProShares Ultra QQQ were worth $722,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. Qube Research & Technologies Ltd purchased a new position in ProShares Ultra QQQ in the third quarter worth approximately $71,000. Financial Consulate Inc. increased its stake in ProShares Ultra QQQ by 88.5% during the fourth quarter. Financial Consulate Inc. now owns 1,067 shares of the company’s stock worth $75,000 after acquiring an additional 501 shares during the last quarter. Spire Wealth Management raised its position in ProShares Ultra QQQ by 152.0% in the fourth quarter. Spire Wealth Management now owns 1,527 shares of the company’s stock valued at $108,000 after purchasing an additional 921 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in ProShares Ultra QQQ by 100.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,898 shares of the company’s stock valued at $134,000 after purchasing an additional 949 shares during the period. Finally, Financial Life Planners acquired a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at $139,000.
ProShares Ultra QQQ Trading Up 4.6%
NYSEARCA QLD opened at $91.72 on Friday. The stock has a fifty day simple moving average of $69.63 and a 200-day simple moving average of $70.47. The stock has a market cap of $13.59 billion, a PE ratio of 31.03 and a beta of 2.43. ProShares Ultra QQQ has a twelve month low of $46.22 and a twelve month high of $91.74.
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.
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