Bryn Mawr Capital Management LLC Has $5.12 Million Stock Position in ProShares Ultra QQQ (NYSEARCA:QLD)

Bryn Mawr Capital Management LLC trimmed its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,320 shares of the company’s stock after selling 776 shares during the period. Bryn Mawr Capital Management LLC owned approximately 0.07% of ProShares Ultra QQQ worth $5,122,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of QLD. IFP Advisors Inc boosted its holdings in ProShares Ultra QQQ by 226.1% in the 4th quarter. IFP Advisors Inc now owns 499 shares of the company’s stock valued at $54,000 after purchasing an additional 346 shares during the period. Compass Planning Associates Inc bought a new position in ProShares Ultra QQQ during the fourth quarter valued at about $40,000. Atria Wealth Solutions Inc. raised its holdings in ProShares Ultra QQQ by 75.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 10,385 shares of the company’s stock valued at $1,124,000 after acquiring an additional 4,473 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of ProShares Ultra QQQ by 5.3% in the 4th quarter. Sanctuary Advisors LLC now owns 6,034 shares of the company’s stock worth $678,000 after acquiring an additional 306 shares during the period. Finally, Aveo Capital Partners LLC grew its holdings in shares of 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 purchasing an additional 140,510 shares in the last quarter.

ProShares Ultra QQQ Trading Down 2.5 %

Shares of NYSEARCA QLD opened at $107.61 on Wednesday. ProShares Ultra QQQ has a one year low of $75.28 and a one year high of $120.68. The business has a fifty day simple moving average of $112.50 and a 200 day simple moving average of $105.64. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 33.52 and a beta of 2.23.

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.