ProShares Ultra QQQ (NYSEARCA:QLD) Shares Sold by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. trimmed its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,171 shares of the company’s stock after selling 1,365 shares during the quarter. SRS Capital Advisors Inc.’s holdings in ProShares Ultra QQQ were worth $1,989,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. AlphaMark Advisors LLC boosted its holdings in shares of ProShares Ultra QQQ by 91.0% in the 3rd quarter. AlphaMark Advisors LLC now owns 489 shares of the company’s stock valued at $29,000 after buying an additional 233 shares in the last quarter. Spire Wealth Management boosted its position in shares of ProShares Ultra QQQ by 32.5% in the 3rd quarter. Spire Wealth Management now owns 1,092 shares of the company’s stock valued at $65,000 after purchasing an additional 268 shares during the period. Adell Harriman & Carpenter Inc. grew its stake in ProShares Ultra QQQ by 2.4% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 11,277 shares of the company’s stock worth $669,000 after buying an additional 269 shares during the last quarter. Citigroup Inc. increased its position in ProShares Ultra QQQ by 20.0% during the third quarter. Citigroup Inc. now owns 2,280 shares of the company’s stock worth $135,000 after buying an additional 380 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its stake in ProShares Ultra QQQ by 2.9% in the third quarter. Orion Portfolio Solutions LLC now owns 20,530 shares of the company’s stock valued at $1,218,000 after buying an additional 575 shares during the last quarter.

ProShares Ultra QQQ Price Performance

Shares of NYSEARCA:QLD traded up $1.62 on Thursday, reaching $79.77. The company’s stock had a trading volume of 1,957,133 shares, compared to its average volume of 3,771,784. ProShares Ultra QQQ has a 52-week low of $47.41 and a 52-week high of $89.74. The stock has a market capitalization of $5.46 billion, a P/E ratio of 25.00 and a beta of 2.55. The stock’s 50-day moving average is $84.68 and its two-hundred day moving average is $76.49.

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.