Nwam LLC Purchases New Stake in ProShares Ultra QQQ (NYSEARCA:QLD)

Nwam LLC purchased a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,321 shares of the company’s stock, valued at approximately $435,000.

Several other institutional investors have also recently bought and sold shares of QLD. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of ProShares Ultra QQQ by 36.5% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock valued at $114,000 after buying an additional 306 shares during the last quarter. WealthShield Partners LLC bought a new stake in ProShares Ultra QQQ during the 2nd quarter worth approximately $152,000. CWM LLC purchased a new stake in shares of ProShares Ultra QQQ in the second quarter worth approximately $163,000. Commonwealth Equity Services LLC purchased a new stake in shares of ProShares Ultra QQQ in the second quarter worth approximately $217,000. Finally, Headlands Technologies LLC boosted its position in shares of ProShares Ultra QQQ by 200.9% during the second quarter. Headlands Technologies LLC now owns 2,227 shares of the company’s stock valued at $222,000 after buying an additional 1,487 shares during the last quarter.

ProShares Ultra QQQ Stock Up 0.3 %

Shares of NYSEARCA:QLD opened at $106.72 on Monday. The stock has a market cap of $7.30 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 12-month low of $66.49 and a 12-month high of $111.20. The business’s 50 day moving average is $102.31 and its 200 day moving average is $97.49.

ProShares Ultra QQQ 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.