ProShares Ultra QQQ $QLD Shares Newly Purchased by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC purchased a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,972 shares of the company’s stock, valued at approximately $2,293,000. ProShares Ultra QQQ makes up about 0.7% of Genesee Capital Advisors LLC’s investment portfolio, making the stock its 29th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bullseye Investment Management LLC bought a new stake in ProShares Ultra QQQ during the 2nd quarter worth approximately $33,000. Portus Wealth Advisors LLC bought a new position in ProShares Ultra QQQ in the first quarter valued at approximately $26,000. Physician Wealth Advisors Inc. acquired a new position in shares of ProShares Ultra QQQ in the first quarter valued at approximately $66,000. Integrated Wealth Concepts LLC acquired a new position in shares of ProShares Ultra QQQ in the second quarter valued at approximately $186,000. Finally, Retirement Planning Co of New England Inc. acquired a new position in shares of ProShares Ultra QQQ in the third quarter valued at approximately $246,000.

ProShares Ultra QQQ Stock Up 0.0%

Shares of NYSEARCA:QLD traded up $0.03 during midday trading on Tuesday, reaching $89.82. 2,253,425 shares of the company were exchanged, compared to its average volume of 4,856,414. ProShares Ultra QQQ has a fifty-two week low of $56.60 and a fifty-two week high of $101.62. The stock has a fifty day simple moving average of $92.55 and a two-hundred day simple moving average of $88.83. The firm has a market cap of $14.29 billion, a PE ratio of 31.03 and a beta of 2.46.

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. The Index is calculated under a modified capitalization-weighted methodology.