180 Wealth Advisors LLC Acquires 8,959 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

180 Wealth Advisors LLC grew its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 81.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,894 shares of the company’s stock after acquiring an additional 8,959 shares during the period. 180 Wealth Advisors LLC’s holdings in ProShares Ultra QQQ were worth $2,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of QLD. Oliver Lagore Vanvalin Investment Group grew its position in shares of ProShares Ultra QQQ by 36.5% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock valued at $114,000 after acquiring an additional 306 shares during the period. Tradition Wealth Management LLC acquired a new stake in ProShares Ultra QQQ in the 3rd quarter valued at about $207,000. Commonwealth Equity Services LLC bought a new position in ProShares Ultra QQQ during the second quarter worth about $217,000. Anchor Investment Management LLC increased its position in ProShares Ultra QQQ by 131.2% during the second quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock worth $231,000 after buying an additional 1,312 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in ProShares Ultra QQQ in the third quarter valued at approximately $233,000.

ProShares Ultra QQQ Stock Down 0.6 %

QLD opened at $105.57 on Tuesday. ProShares Ultra QQQ has a 12-month low of $73.29 and a 12-month high of $120.68. The business has a 50 day moving average of $110.47 and a 200-day moving average of $102.13. The stock has a market cap of $7.22 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55.

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.