ProShares Ultra QQQ $QLD Shares Purchased by Marshall Financial Group LLC

Marshall Financial Group LLC boosted its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 55.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 72,265 shares of the company’s stock after buying an additional 25,853 shares during the quarter. ProShares Ultra QQQ comprises approximately 1.0% of Marshall Financial Group LLC’s portfolio, making the stock its 18th biggest holding. Marshall Financial Group LLC’s holdings in ProShares Ultra QQQ were worth $5,088,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of QLD. Norden Group LLC increased its stake in ProShares Ultra QQQ by 2.5% during the 3rd quarter. Norden Group LLC now owns 3,080 shares of the company’s stock worth $423,000 after buying an additional 74 shares in the last quarter. Safe Harbor Fiduciary LLC lifted its position in shares of ProShares Ultra QQQ by 3.5% in the second quarter. Safe Harbor Fiduciary LLC now owns 2,481 shares of the company’s stock valued at $292,000 after acquiring an additional 83 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its stake in shares of ProShares Ultra QQQ by 0.7% in the third quarter. Financial Engines Advisors L.L.C. now owns 16,513 shares of the company’s stock worth $2,266,000 after acquiring an additional 122 shares during the last quarter. Sowell Financial Services LLC boosted its stake in shares of ProShares Ultra QQQ by 0.7% in the third quarter. Sowell Financial Services LLC now owns 23,861 shares of the company’s stock worth $3,274,000 after acquiring an additional 159 shares during the last quarter. Finally, Capital Advisory Group Advisory Services LLC increased its position in shares of ProShares Ultra QQQ by 2.6% during the third quarter. Capital Advisory Group Advisory Services LLC now owns 7,285 shares of the company’s stock worth $1,000,000 after purchasing an additional 185 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

Shares of QLD opened at $62.13 on Monday. The stock has a 50 day moving average price of $68.91 and a 200 day moving average price of $69.64. ProShares Ultra QQQ has a one year low of $32.36 and a one year high of $76.67. The stock has a market capitalization of $9.24 billion, a price-to-earnings ratio of 31.03 and a beta of 2.31.

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. The Index is calculated under a modified capitalization-weighted methodology.