Legacy Wealth Managment LLC ID Sells 16,504 Shares of ProShares Ultra QQQ $QLD

Legacy Wealth Managment LLC ID trimmed its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 92.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,252 shares of the company’s stock after selling 16,504 shares during the period. Legacy Wealth Managment LLC ID’s holdings in ProShares Ultra QQQ were worth $76,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Capital Management Inc. boosted its holdings in shares of 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 worth $864,473,000 after acquiring an additional 5,993,035 shares during the period. Global View Capital Management LLC raised its stake in shares of ProShares Ultra QQQ by 116.2% during the 4th 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 during the period. Main Street Group LTD lifted its holdings in ProShares Ultra QQQ by 89.9% during the 4th quarter. Main Street Group LTD now owns 1,039,176 shares of the company’s stock worth $73,168,000 after purchasing an additional 491,865 shares in the last quarter. Clearstead Trust LLC lifted its holdings in ProShares Ultra QQQ by 0.3% during the 1st quarter. Clearstead Trust LLC now owns 733,841 shares of the company’s stock worth $44,764,000 after purchasing an additional 2,302 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in ProShares Ultra QQQ by 100.1% during the 4th quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock worth $42,199,000 after purchasing an additional 299,761 shares in the last quarter.

ProShares Ultra QQQ Stock Up 3.7%

Shares of NYSEARCA QLD opened at $89.23 on Wednesday. The company has a market cap of $13.47 billion, a P/E ratio of 31.03 and a beta of 2.45. ProShares Ultra QQQ has a 52 week low of $56.60 and a 52 week high of $101.19. The business has a 50-day simple moving average of $93.05 and a two-hundred day simple moving average of $78.54.

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. The Index is calculated under a modified capitalization-weighted methodology.