Kestra Advisory Services LLC Sells 11,206 Shares of ProShares Ultra QQQ $QLD

Kestra Advisory Services LLC trimmed its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 52.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,034 shares of the company’s stock after selling 11,206 shares during the period. Kestra Advisory Services LLC’s holdings in ProShares Ultra QQQ were worth $612,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QLD. Financial Engines Advisors L.L.C. increased its stake 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 buying an additional 122 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of ProShares Ultra QQQ by 1.8% in the first quarter. Koshinski Asset Management Inc. now owns 10,431 shares of the company’s stock valued at $636,000 after acquiring an additional 180 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of ProShares Ultra QQQ by 2.7% in the first quarter. Brookstone Capital Management now owns 11,774 shares of the company’s stock worth $718,000 after acquiring an additional 308 shares during the period. Creative Planning boosted its stake 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 acquiring an additional 364 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its stake 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 acquiring an additional 375 shares during the period.

ProShares Ultra QQQ Stock Performance

NYSEARCA:QLD opened at $83.00 on Monday. The stock has a 50-day moving average price of $92.63 and a 200 day moving average price of $78.86. The stock has a market capitalization of $12.53 billion, a P/E ratio of 31.03 and a beta of 2.45. ProShares Ultra QQQ has a 12-month low of $56.60 and a 12-month high of $101.19.

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.