641,781 Shares in ProShares Ultra QQQ (NYSEARCA:QLD) Bought by Global View Capital Management LLC

Global View Capital Management LLC bought a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 641,781 shares of the company’s stock, valued at approximately $69,158,000. ProShares Ultra QQQ accounts for about 24.2% of Global View Capital Management LLC’s portfolio, making the stock its biggest holding. Global View Capital Management LLC owned about 0.94% of ProShares Ultra QQQ at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Dale Q Rice Investment Management Ltd bought a new stake in ProShares Ultra QQQ in the 4th quarter valued at $24,535,000. Aveo Capital Partners LLC lifted its position in ProShares Ultra QQQ by 5,229.3% during the 4th quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock worth $15,500,000 after buying an additional 140,510 shares in the last quarter. Ridgepath Capital Management LLC acquired a new position in ProShares Ultra QQQ during the 4th quarter worth about $10,787,000. First National Corp MA ADV lifted its position in ProShares Ultra QQQ by 5.5% during the 4th quarter. First National Corp MA ADV now owns 91,788 shares of the company’s stock valued at $9,935,000 after purchasing an additional 4,774 shares during the period. Finally, HighTower Advisors LLC lifted its position in ProShares Ultra QQQ by 0.5% during the 3rd quarter. HighTower Advisors LLC now owns 57,722 shares of the company’s stock valued at $5,812,000 after purchasing an additional 262 shares during the period.

ProShares Ultra QQQ Trading Down 7.6 %

ProShares Ultra QQQ stock opened at $90.91 on Tuesday. ProShares Ultra QQQ has a 1 year low of $75.28 and a 1 year high of $120.68. The company has a market cap of $6.43 billion, a PE ratio of 33.52 and a beta of 2.23. The company’s 50-day moving average is $110.25 and its two-hundred day moving average is $105.99.

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.