ProShares Ultra QQQ $QLD Stock: Legacy Wealth Partners LLC Raises Stake

Legacy Wealth Partners LLC lifted its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 727.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,512 shares of the company’s stock after purchasing an additional 45,285 shares during the quarter. ProShares Ultra QQQ accounts for approximately 1.1% of Legacy Wealth Partners LLC’s holdings, making the stock its 19th biggest position. Legacy Wealth Partners LLC’s holdings in ProShares Ultra QQQ were worth $4,927,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Portus Wealth Advisors LLC purchased a new position in ProShares Ultra QQQ in the first quarter worth about $26,000. Bullseye Investment Management LLC bought a new position in shares of ProShares Ultra QQQ in the second quarter worth approximately $33,000. Monetary Solutions Ltd bought a new position in shares of ProShares Ultra QQQ in the fourth quarter worth approximately $59,000. Physician Wealth Advisors Inc. purchased a new stake in shares of ProShares Ultra QQQ during the first quarter valued at approximately $66,000. Finally, Krilogy Financial LLC purchased a new stake in shares of ProShares Ultra QQQ during the first quarter valued at approximately $166,000.

ProShares Ultra QQQ Stock Down 0.2%

Shares of QLD opened at $92.36 on Friday. The company has a market capitalization of $14.59 billion, a P/E ratio of 31.03 and a beta of 2.46. The firm has a 50 day moving average of $92.68 and a 200 day moving average of $88.42. ProShares Ultra QQQ has a twelve month low of $56.60 and a twelve month high of $101.62.

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.