Discipline Wealth Solutions LLC Invests $607,000 in ProShares Ultra QQQ (NYSEARCA:QLD)

Discipline Wealth Solutions LLC purchased a new stake in ProShares Ultra QQQ (NYSEARCA:QLD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,024 shares of the company’s stock, valued at approximately $607,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Main Street Group LTD increased its position in shares of ProShares Ultra QQQ by 0.6% in the second quarter. Main Street Group LTD now owns 452,550 shares of the company’s stock worth $45,721,000 after acquiring an additional 2,810 shares in the last quarter. Clearstead Trust LLC increased its holdings in ProShares Ultra QQQ by 1.7% in the 2nd quarter. Clearstead Trust LLC now owns 370,857 shares of the company’s stock valued at $37,015,000 after purchasing an additional 6,105 shares in the last quarter. Aveo Capital Partners LLC raised its position in ProShares Ultra QQQ by 200.2% in the second quarter. Aveo Capital Partners LLC now owns 255,288 shares of the company’s stock valued at $25,480,000 after purchasing an additional 170,254 shares during the period. IMC Chicago LLC acquired a new position in shares of ProShares Ultra QQQ during the third quarter worth about $14,490,000. Finally, Westwood Wealth Management boosted its position in shares of ProShares Ultra QQQ by 3.3% in the second quarter. Westwood Wealth Management now owns 129,010 shares of the company’s stock worth $12,876,000 after buying an additional 4,090 shares during the period.

ProShares Ultra QQQ Stock Performance

Shares of NYSEARCA:QLD opened at $112.65 on Wednesday. The business’s 50-day simple moving average is $105.26 and its 200 day simple moving average is $99.40. The company has a market cap of $7.71 billion, a P/E ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a one year low of $69.54 and a one year high of $115.41.

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.