US Bancorp DE Has $351,000 Holdings in ProShares Ultra QQQ (NYSEARCA:QLD)

US Bancorp DE trimmed its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,486 shares of the company’s stock after selling 102 shares during the period. US Bancorp DE’s holdings in ProShares Ultra QQQ were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in QLD. CreativeOne Wealth LLC bought a new position in shares of ProShares Ultra QQQ in the first quarter valued at approximately $223,000. Envestnet Portfolio Solutions Inc. increased its holdings in ProShares Ultra QQQ by 3.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 5,949 shares of the company’s stock valued at $520,000 after purchasing an additional 180 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in ProShares Ultra QQQ in the 2nd quarter valued at $217,000. Client First Investment Management LLC acquired a new position in ProShares Ultra QQQ in the second quarter worth $4,888,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of ProShares Ultra QQQ during the second quarter worth $572,000.

ProShares Ultra QQQ Stock Down 0.4 %

Shares of QLD opened at $110.07 on Wednesday. The stock’s fifty day simple moving average is $99.45 and its 200-day simple moving average is $96.03. The firm has a market capitalization of $7.53 billion, a PE ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 12-month low of $64.26 and a 12-month high of $111.20.

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.