ProShares Ultra QQQ $QLD Shares Purchased by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lifted its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 95.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 92,200 shares of the company’s stock after purchasing an additional 45,100 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in ProShares Ultra QQQ were worth $6,492,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in QLD. Howard Capital Management Inc. lifted its holdings in shares of ProShares Ultra QQQ by 95.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,277,706 shares of the company’s stock worth $864,473,000 after acquiring an additional 5,993,035 shares during the last quarter. Global View Capital Management LLC increased its stake in ProShares Ultra QQQ by 116.2% during the 4th quarter. Global View Capital Management LLC now owns 1,802,525 shares of the company’s stock worth $126,916,000 after buying an additional 968,727 shares during the period. Main Street Group LTD increased its stake in ProShares Ultra QQQ by 89.9% during the 4th quarter. Main Street Group LTD now owns 1,039,176 shares of the company’s stock worth $73,168,000 after buying an additional 491,865 shares during the period. Focus Financial Network Inc. increased its stake in ProShares Ultra QQQ by 100.1% during the 4th quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock worth $42,199,000 after buying an additional 299,761 shares during the period. Finally, Dale Q Rice Investment Management Ltd increased its stake in ProShares Ultra QQQ by 94.3% during the 4th quarter. Dale Q Rice Investment Management Ltd now owns 239,454 shares of the company’s stock worth $16,850,000 after buying an additional 116,236 shares during the period.

ProShares Ultra QQQ Stock Up 2.1%

Shares of QLD opened at $92.55 on Thursday. ProShares Ultra QQQ has a fifty-two week low of $49.74 and a fifty-two week high of $93.11. The firm’s 50 day moving average price is $71.49 and its 200 day moving average price is $71.08. The company has a market cap of $13.71 billion, a P/E ratio of 31.03 and a beta of 2.43.

About ProShares Ultra QQQ

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.