Larson Financial Group LLC Takes $302,000 Position in ProShares Ultra QQQ (NYSEARCA:QLD)

Larson Financial Group LLC purchased a new position in ProShares Ultra QQQ (NYSEARCA:QLDFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,003 shares of the company’s stock, valued at approximately $302,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of QLD. CWM LLC purchased a new position in shares of ProShares Ultra QQQ in the second quarter worth approximately $163,000. Burke & Herbert Bank & Trust Co. purchased a new position in ProShares Ultra QQQ during the 2nd quarter worth approximately $1,268,000. Envestnet Portfolio Solutions Inc. raised its stake in ProShares Ultra QQQ by 4.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,243 shares of the company’s stock valued at $623,000 after purchasing an additional 294 shares during the period. 180 Wealth Advisors LLC purchased a new stake in shares of ProShares Ultra QQQ in the second quarter valued at $1,364,000. Finally, James J. Burns & Company LLC acquired a new stake in shares of ProShares Ultra QQQ in the second quarter worth $299,000.

ProShares Ultra QQQ Trading Up 1.0 %

NYSEARCA:QLD opened at $108.17 on Wednesday. The business’s fifty day moving average price is $102.82 and its 200 day moving average price is $97.89. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 1-year low of $66.49 and a 1-year high of $111.20.

About ProShares Ultra QQQ

(Free Report)

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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Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

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