ProShares Ultra QQQ (NYSEARCA:QLD – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $92.61 and last traded at $92.26, with a volume of 3924176 shares traded. The stock had previously closed at $91.72.
ProShares Ultra QQQ Trading Up 0.6%
The stock has a market cap of $13.67 billion, a PE ratio of 31.03 and a beta of 2.43. The firm’s 50-day moving average price is $70.54 and its two-hundred day moving average price is $70.77.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of QLD. Financial Engines Advisors L.L.C. increased its stake in ProShares Ultra QQQ by 0.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 16,513 shares of the company’s stock valued at $2,266,000 after purchasing an additional 122 shares in the last quarter. Koshinski Asset Management Inc. increased its stake in shares of ProShares Ultra QQQ by 1.8% in the first quarter. Koshinski Asset Management Inc. now owns 10,431 shares of the company’s stock worth $636,000 after acquiring an additional 180 shares during the period. Capital Advisory Group Advisory Services LLC boosted its holdings in ProShares Ultra QQQ by 2.6% during the third quarter. Capital Advisory Group Advisory Services LLC now owns 7,285 shares of the company’s stock worth $1,000,000 after buying an additional 185 shares in the last quarter. Brookstone Capital Management boosted its holdings in ProShares Ultra QQQ by 2.7% during the first quarter. Brookstone Capital Management now owns 11,774 shares of the company’s stock worth $718,000 after buying an additional 308 shares in the last quarter. Finally, Creative Planning lifted its holdings in ProShares Ultra QQQ by 1.1% during the third quarter. Creative Planning now owns 33,298 shares of the company’s stock valued at $4,568,000 after purchasing an additional 364 shares in the last quarter.
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.
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