Bryn Mawr Capital Management LLC trimmed its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD – Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,320 shares of the company’s stock after selling 776 shares during the quarter. Bryn Mawr Capital Management LLC owned about 0.07% of ProShares Ultra QQQ worth $5,122,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in QLD. Financial Life Planners acquired a new position in shares of ProShares Ultra QQQ during the fourth quarter valued at approximately $51,000. Tradition Wealth Management LLC acquired a new position in shares of ProShares Ultra QQQ during the 3rd quarter valued at $207,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of ProShares Ultra QQQ during the 4th quarter valued at $214,000. Safe Harbor Fiduciary LLC bought a new stake in shares of ProShares Ultra QQQ in the 3rd quarter worth $233,000. Finally, Klingman & Associates LLC acquired a new stake in shares of ProShares Ultra QQQ in the third quarter valued at $253,000.
ProShares Ultra QQQ Stock Up 0.1 %
NYSEARCA:QLD opened at $119.12 on Thursday. The business’s 50-day moving average price is $112.94 and its 200 day moving average price is $104.69. ProShares Ultra QQQ has a 52-week low of $75.28 and a 52-week high of $120.68. The firm has a market cap of $8.15 billion, a P/E ratio of 25.00 and a beta of 2.55.
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.
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