SBI Securities Co. Ltd. Has $4.29 Million Stock Position in ProShares Ultra QQQ $QLD

SBI Securities Co. Ltd. boosted its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 185.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,940 shares of the company’s stock after buying an additional 39,582 shares during the period. SBI Securities Co. Ltd.’s holdings in ProShares Ultra QQQ were worth $4,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of QLD. Howard Capital Management Inc. raised its position in ProShares Ultra QQQ by 95.4% during the fourth quarter. Howard Capital Management Inc. now owns 12,277,706 shares of the company’s stock valued at $864,473,000 after buying an additional 5,993,035 shares during the period. Global View Capital Management LLC raised its position in ProShares Ultra QQQ by 116.2% during 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 buying an additional 968,727 shares during the period. Main Street Group LTD raised its position in ProShares Ultra QQQ by 89.9% during the fourth quarter. Main Street Group LTD now owns 1,039,176 shares of the company’s stock valued at $73,168,000 after buying an additional 491,865 shares during the period. Focus Financial Network Inc. raised its position in ProShares Ultra QQQ by 100.1% during the fourth quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock valued at $42,199,000 after buying an additional 299,761 shares during the period. Finally, Dale Q Rice Investment Management Ltd raised its position in ProShares Ultra QQQ by 94.3% during 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 buying an additional 116,236 shares during the period.

ProShares Ultra QQQ Trading Up 2.6%

NYSEARCA:QLD opened at $84.39 on Wednesday. The firm has a market capitalization of $12.50 billion, a price-to-earnings ratio of 31.03 and a beta of 2.43. ProShares Ultra QQQ has a 1-year low of $44.47 and a 1-year high of $84.69. The business’s fifty day moving average price is $68.82 and its 200 day moving average price is $70.20.

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.