ProShares Ultra QQQ $QLD Stock Holdings Lifted by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. raised its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 185.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 60,940 shares of the company’s stock after buying an additional 39,582 shares during the quarter. SBI Securities Co. Ltd.’s holdings in ProShares Ultra QQQ were worth $4,291,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QLD. Howard Capital Management Inc. grew its stake in ProShares Ultra QQQ by 95.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,277,706 shares of the company’s stock valued at $864,473,000 after purchasing an additional 5,993,035 shares in the last quarter. Global View Capital Management LLC grew its stake in ProShares Ultra QQQ by 116.2% in the fourth quarter. Global View Capital Management LLC now owns 1,802,525 shares of the company’s stock valued at $126,916,000 after purchasing an additional 968,727 shares in the last quarter. Main Street Group LTD grew its stake in ProShares Ultra QQQ by 89.9% in the fourth quarter. Main Street Group LTD now owns 1,039,176 shares of the company’s stock valued at $73,168,000 after purchasing an additional 491,865 shares in the last quarter. Focus Financial Network Inc. grew its stake in ProShares Ultra QQQ by 100.1% in the fourth quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock valued at $42,199,000 after purchasing an additional 299,761 shares in the last quarter. Finally, Dale Q Rice Investment Management Ltd grew its stake in ProShares Ultra QQQ by 94.3% in the fourth quarter. Dale Q Rice Investment Management Ltd now owns 239,454 shares of the company’s stock valued at $16,850,000 after purchasing an additional 116,236 shares in the last quarter.

ProShares Ultra QQQ Price Performance

Shares of NYSEARCA QLD opened at $84.39 on Wednesday. The business’s 50-day moving average price is $68.82 and its two-hundred day moving average price is $70.20. ProShares Ultra QQQ has a one year low of $44.47 and a one year high of $84.69. The company has a market capitalization of $12.50 billion, a P/E ratio of 31.03 and a beta of 2.43.

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.