GeoWealth Management LLC Sells 559 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

GeoWealth Management LLC cut its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,540 shares of the company’s stock after selling 559 shares during the quarter. GeoWealth Management LLC’s holdings in ProShares Ultra QQQ were worth $1,574,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Silverleafe Capital Partners LLC raised its holdings in shares of ProShares Ultra QQQ by 44.9% in the 4th quarter. Silverleafe Capital Partners LLC now owns 3,452 shares of the company’s stock worth $374,000 after purchasing an additional 1,070 shares during the period. Innova Wealth Partners purchased a new position in ProShares Ultra QQQ during the 4th quarter valued at about $885,000. Miracle Mile Advisors LLC increased its position in shares of ProShares Ultra QQQ by 0.7% during the fourth quarter. Miracle Mile Advisors LLC now owns 48,080 shares of the company’s stock valued at $5,204,000 after buying an additional 350 shares during the period. Dale Q Rice Investment Management Ltd purchased a new stake in shares of ProShares Ultra QQQ in the fourth quarter worth about $24,535,000. Finally, 180 Wealth Advisors LLC boosted its position in shares of ProShares Ultra QQQ by 81.9% in the fourth quarter. 180 Wealth Advisors LLC now owns 19,894 shares of the company’s stock valued at $2,153,000 after acquiring an additional 8,959 shares during the period.

ProShares Ultra QQQ Trading Down 0.2 %

ProShares Ultra QQQ stock opened at $77.64 on Friday. The firm’s 50 day simple moving average is $94.62 and its 200 day simple moving average is $103.80. The firm has a market capitalization of $5.66 billion, a PE ratio of 27.52 and a beta of 2.36. ProShares Ultra QQQ has a 1-year low of $64.72 and a 1-year high of $120.68.

ProShares Ultra QQQ Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were paid a dividend of $0.0256 per share. The ex-dividend date was Wednesday, March 26th.

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.