Schnieders Capital Management LLC Acquires 4,200 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Schnieders Capital Management LLC grew its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 52.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,200 shares of the company’s stock after acquiring an additional 4,200 shares during the quarter. Schnieders Capital Management LLC’s holdings in ProShares Ultra QQQ were worth $927,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of QLD. Clearstead Advisors LLC acquired a new stake in shares of ProShares Ultra QQQ in the third quarter valued at approximately $21,653,000. Pathstone Family Office LLC acquired a new position in ProShares Ultra QQQ during the 3rd quarter worth about $17,182,000. Westwood Wealth Management lifted its stake in shares of ProShares Ultra QQQ by 0.7% in the 3rd quarter. Westwood Wealth Management now owns 123,536 shares of the company’s stock valued at $7,332,000 after purchasing an additional 800 shares during the period. CPR Investments Inc. lifted its stake in shares of ProShares Ultra QQQ by 925.0% in the 3rd quarter. CPR Investments Inc. now owns 120,993 shares of the company’s stock valued at $7,181,000 after purchasing an additional 109,189 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of ProShares Ultra QQQ by 274.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 68,008 shares of the company’s stock valued at $4,036,000 after purchasing an additional 49,867 shares during the period.

ProShares Ultra QQQ Trading Up 3.0 %

ProShares Ultra QQQ stock traded up $2.32 during midday trading on Tuesday, reaching $79.69. The stock had a trading volume of 3,134,333 shares, compared to its average volume of 3,749,052. ProShares Ultra QQQ has a 12 month low of $45.98 and a 12 month high of $89.74. The company has a market capitalization of $5.60 billion, a P/E ratio of 25.00 and a beta of 2.55. The company has a fifty day moving average price of $85.00 and a two-hundred day moving average price of $75.84.

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.