WealthBridge Capital Management LLC Acquires 7,997 Shares of ProShares Ultra QQQ $QLD

WealthBridge Capital Management LLC increased its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 90.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,841 shares of the company’s stock after purchasing an additional 7,997 shares during the quarter. WealthBridge Capital Management LLC’s holdings in ProShares Ultra QQQ were worth $1,027,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. lifted its holdings in ProShares Ultra QQQ by 0.7% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 16,513 shares of the company’s stock worth $2,266,000 after purchasing an additional 122 shares in the last quarter. Brookstone Capital Management raised its position in shares of ProShares Ultra QQQ by 2.7% during the first quarter. Brookstone Capital Management now owns 11,774 shares of the company’s stock valued at $718,000 after buying an additional 308 shares during the last quarter. Creative Planning lifted its holdings in shares of ProShares Ultra QQQ by 1.1% in the third quarter. Creative Planning now owns 33,298 shares of the company’s stock worth $4,568,000 after buying an additional 364 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of ProShares Ultra QQQ by 3.6% in the third quarter. Orion Porfolio Solutions LLC now owns 10,863 shares of the company’s stock worth $1,490,000 after buying an additional 375 shares in the last quarter. Finally, Innova Wealth Partners lifted its holdings in shares of ProShares Ultra QQQ by 3.3% in the third quarter. Innova Wealth Partners now owns 11,968 shares of the company’s stock worth $1,642,000 after buying an additional 386 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

Shares of NYSEARCA:QLD opened at $91.22 on Wednesday. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 31.03 and a beta of 2.46. The firm has a fifty day moving average price of $88.83 and a 200 day moving average price of $75.81. ProShares Ultra QQQ has a fifty-two week low of $55.74 and a fifty-two week high of $101.19.

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.