Genesis Financial Group LLC Acquires New Position in ProShares Ultra QQQ $QLD

Genesis Financial Group LLC acquired a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLDFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,610 shares of the company’s stock, valued at approximately $747,000.

Other large investors also recently bought and sold shares of the company. Beacon Capital Management Inc. acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter worth approximately $27,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of ProShares Ultra QQQ during the second quarter worth $38,000. Qube Research & Technologies Ltd acquired a new stake in shares of ProShares Ultra QQQ during the third quarter worth $71,000. Financial Consulate Inc. bought a new position in shares of ProShares Ultra QQQ in the 3rd quarter worth about $78,000. Finally, Financial Life Planners acquired a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at about $139,000.

ProShares Ultra QQQ Stock Up 0.2%

Shares of NYSEARCA:QLD opened at $62.60 on Friday. The company has a market cap of $9.31 billion, a PE ratio of 31.03 and a beta of 2.31. ProShares Ultra QQQ has a fifty-two week low of $32.36 and a fifty-two week high of $76.67. The firm has a 50-day simple moving average of $67.06 and a 200 day simple moving average of $69.38.

ProShares Ultra QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were paid a $0.0132 dividend. This represents a $0.05 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Wednesday, March 25th.

ProShares Ultra QQQ Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

Receive News & Ratings for ProShares Ultra QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra QQQ and related companies with MarketBeat.com's FREE daily email newsletter.