ProShares Ultra QQQ (NYSEARCA:QLD) is Toth Financial Advisory Corp’s 4th Largest Position

Toth Financial Advisory Corp lowered its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 1.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 204,516 shares of the company’s stock after selling 3,573 shares during the period. ProShares Ultra QQQ makes up approximately 2.6% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 4th largest position. Toth Financial Advisory Corp owned 0.30% of ProShares Ultra QQQ worth $22,137,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in QLD. Oliver Lagore Vanvalin Investment Group boosted its position in shares of ProShares Ultra QQQ by 36.5% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock worth $114,000 after purchasing an additional 306 shares during the period. Tradition Wealth Management LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter valued at about $207,000. Anchor Investment Management LLC boosted its holdings in ProShares Ultra QQQ by 131.2% during the 2nd quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock valued at $231,000 after acquiring an additional 1,312 shares during the period. Safe Harbor Fiduciary LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter valued at about $233,000. Finally, Klingman & Associates LLC purchased a new position in ProShares Ultra QQQ during the 3rd quarter valued at about $253,000.

ProShares Ultra QQQ Price Performance

Shares of ProShares Ultra QQQ stock opened at $115.49 on Friday. The business has a 50-day moving average of $111.26 and a 200 day moving average of $102.67. ProShares Ultra QQQ has a 12 month low of $75.28 and a 12 month high of $120.68. The stock has a market capitalization of $7.90 billion, a price-to-earnings 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.