Anchor Investment Management LLC boosted its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 131.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,312 shares of the company’s stock after buying an additional 1,312 shares during the quarter. Anchor Investment Management LLC’s holdings in ProShares Ultra QQQ were worth $231,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of ProShares Ultra QQQ in the 1st quarter valued at about $65,000. Oliver Lagore Vanvalin Investment Group raised its stake in ProShares Ultra QQQ by 36.5% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock worth $114,000 after buying an additional 306 shares during the period. Banque Cantonale Vaudoise acquired a new position in ProShares Ultra QQQ during the 1st quarter worth approximately $105,000. WealthShield Partners LLC acquired a new position in ProShares Ultra QQQ during the 2nd quarter worth approximately $152,000. Finally, CWM LLC acquired a new position in ProShares Ultra QQQ during the 2nd quarter worth approximately $163,000.
ProShares Ultra QQQ Stock Performance
QLD stock opened at $100.35 on Friday. The stock’s 50 day simple moving average is $93.92 and its 200 day simple moving average is $92.52. The company has a market cap of $6.86 billion, a P/E ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a fifty-two week low of $53.72 and a fifty-two week high of $110.04.
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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