ProShares Ultra QQQ $QLD Shares Acquired by Castleview Partners LLC

Castleview Partners LLC lifted its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 44.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,482 shares of the company’s stock after buying an additional 8,748 shares during the period. ProShares Ultra QQQ makes up 1.0% of Castleview Partners LLC’s holdings, making the stock its 21st biggest position. Castleview Partners LLC’s holdings in ProShares Ultra QQQ were worth $2,005,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in ProShares Ultra QQQ in the 1st quarter valued at about $557,000. Schnieders Capital Management LLC. acquired a new position in shares of ProShares Ultra QQQ during the 2nd quarter worth approximately $271,000. JPMorgan Chase & Co. boosted its holdings in shares of ProShares Ultra QQQ by 41,735.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,714 shares of the company’s stock worth $1,379,000 after purchasing an additional 11,686 shares during the last quarter. Manchester Capital Management LLC purchased a new stake in shares of ProShares Ultra QQQ in the second quarter valued at approximately $118,000. Finally, Safe Harbor Fiduciary LLC grew its position in shares of ProShares Ultra QQQ by 3.5% in the second quarter. Safe Harbor Fiduciary LLC now owns 2,481 shares of the company’s stock valued at $292,000 after purchasing an additional 83 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

NYSEARCA:QLD opened at $63.43 on Thursday. ProShares Ultra QQQ has a one year low of $32.36 and a one year high of $76.67. The stock has a market cap of $9.44 billion, a PE ratio of 31.03 and a beta of 2.31. The stock has a 50 day moving average price of $68.35 and a 200 day moving average price of $69.59.

ProShares Ultra QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be issued a $0.0132 dividend. This represents a $0.05 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, March 25th.

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.