Toth Financial Advisory Corp Buys 109,839 Shares of ProShares Ultra QQQ $QLD

Toth Financial Advisory Corp boosted its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 71.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,628 shares of the company’s stock after buying an additional 109,839 shares during the quarter. ProShares Ultra QQQ accounts for about 2.0% of Toth Financial Advisory Corp’s holdings, making the stock its 5th biggest holding. Toth Financial Advisory Corp owned approximately 0.17% of ProShares Ultra QQQ worth $18,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Global View Capital Management LLC lifted its holdings in shares of ProShares Ultra QQQ by 116.2% in the 4th quarter. Global View Capital Management LLC now owns 1,802,525 shares of the company’s stock worth $126,916,000 after acquiring an additional 968,727 shares during the last quarter. Focus Financial Network Inc. increased its holdings in ProShares Ultra QQQ by 100.1% in the 4th quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock valued at $42,199,000 after purchasing an additional 299,761 shares during the last quarter. CWM LLC purchased a new stake in ProShares Ultra QQQ in the third quarter valued at approximately $17,098,000. Wealthcare Advisory Partners LLC acquired a new position in ProShares Ultra QQQ during the fourth quarter worth $6,035,000. Finally, GenWealth Group Inc. lifted its stake in ProShares Ultra QQQ by 99.0% during the fourth quarter. GenWealth Group Inc. now owns 135,127 shares of the company’s stock worth $9,791,000 after purchasing an additional 67,207 shares in the last quarter.

ProShares Ultra QQQ Price Performance

QLD opened at $62.60 on Friday. ProShares Ultra QQQ has a 52 week low of $32.36 and a 52 week high of $76.67. The business has a fifty day simple moving average of $66.87 and a 200-day simple moving average of $69.35. The firm has a market cap of $8.60 billion, a P/E ratio of 31.03 and a beta of 2.31.

ProShares Ultra QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were paid a dividend of $0.0132 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.05 annualized dividend and a yield of 0.1%.

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.