ProShares Ultra QQQ (NYSEARCA:QLD) Stock Holdings Lifted by Townsquare Capital LLC

Townsquare Capital LLC grew its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,531 shares of the company’s stock after purchasing an additional 442 shares during the period. Townsquare Capital LLC’s holdings in ProShares Ultra QQQ were worth $382,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QLD. Commonwealth Equity Services LLC raised its position in ProShares Ultra QQQ by 9.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,177 shares of the company’s stock valued at $236,000 after acquiring an additional 181 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of ProShares Ultra QQQ by 5.3% during the 4th quarter. Sanctuary Advisors LLC now owns 6,034 shares of the company’s stock valued at $678,000 after purchasing an additional 306 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of ProShares Ultra QQQ by 226.1% in the 4th quarter. IFP Advisors Inc now owns 499 shares of the company’s stock valued at $54,000 after purchasing an additional 346 shares during the last quarter. Miracle Mile Advisors LLC boosted its holdings in ProShares Ultra QQQ by 0.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 48,080 shares of the company’s stock worth $5,204,000 after purchasing an additional 350 shares in the last quarter. Finally, Compass Planning Associates Inc acquired a new position in ProShares Ultra QQQ during the fourth quarter worth $40,000.

ProShares Ultra QQQ Price Performance

NYSEARCA QLD opened at $77.64 on Monday. ProShares Ultra QQQ has a fifty-two week low of $64.72 and a fifty-two week high of $120.68. The stock’s 50-day moving average is $94.62 and its two-hundred day moving average is $103.88. The firm has a market cap of $5.47 billion, a P/E ratio of 26.35 and a beta of 2.36.

ProShares Ultra QQQ Cuts Dividend

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

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.