19,512 Shares of ProShares Ultra QQQ $QLD Acquired by Robinson Value Management Ltd.

Robinson Value Management Ltd. bought a new stake in ProShares Ultra QQQ (NYSEARCA:QLD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,512 shares of the company’s stock, valued at approximately $1,866,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. purchased a new stake in shares of ProShares Ultra QQQ during the 2nd quarter worth approximately $2,987,000. WealthBridge Capital Management LLC raised its holdings in shares of ProShares Ultra QQQ by 90.4% in the 1st quarter. WealthBridge Capital Management LLC now owns 16,841 shares of the company’s stock worth $1,027,000 after purchasing an additional 7,997 shares during the period. Latitude Advisors LLC raised its holdings in shares of ProShares Ultra QQQ by 50.6% in the 1st quarter. Latitude Advisors LLC now owns 41,336 shares of the company’s stock worth $2,521,000 after purchasing an additional 13,897 shares during the period. 180 Wealth Advisors LLC lifted its stake in ProShares Ultra QQQ by 29.4% in the second quarter. 180 Wealth Advisors LLC now owns 25,853 shares of the company’s stock valued at $2,502,000 after purchasing an additional 5,874 shares during the last quarter. Finally, Discipline Wealth Solutions LLC lifted its stake in ProShares Ultra QQQ by 316.3% in the first quarter. Discipline Wealth Solutions LLC now owns 122,373 shares of the company’s stock valued at $7,465,000 after purchasing an additional 92,975 shares during the last quarter.

ProShares Ultra QQQ Trading Down 0.3%

ProShares Ultra QQQ stock opened at $89.54 on Wednesday. The business’s 50 day simple moving average is $92.52 and its 200 day simple moving average is $89.02. ProShares Ultra QQQ has a 12 month low of $56.60 and a 12 month high of $101.62. The company has a market cap of $14.24 billion, a price-to-earnings ratio of 31.03 and a beta of 2.46.

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.