Castleview Partners LLC Sells 6,765 Shares of ProShares Ultra QQQ $QLD

Castleview Partners LLC lowered its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 23.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,717 shares of the company’s stock after selling 6,765 shares during the quarter. Castleview Partners LLC’s holdings in ProShares Ultra QQQ were worth $1,325,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Howard Capital Management Inc. lifted its holdings in ProShares Ultra QQQ by 95.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,277,706 shares of the company’s stock worth $864,473,000 after purchasing an additional 5,993,035 shares in the last quarter. Global View Capital Management LLC boosted its holdings in shares of ProShares Ultra QQQ by 116.2% during the 4th quarter. Global View Capital Management LLC now owns 1,802,525 shares of the company’s stock valued at $126,916,000 after purchasing an additional 968,727 shares during the last quarter. Main Street Group LTD boosted its holdings in shares of ProShares Ultra QQQ by 89.9% during the 4th quarter. Main Street Group LTD now owns 1,039,176 shares of the company’s stock valued at $73,168,000 after purchasing an additional 491,865 shares during the last quarter. Clearstead Trust LLC grew its position in shares of ProShares Ultra QQQ by 102.4% during the fourth quarter. Clearstead Trust LLC now owns 731,539 shares of the company’s stock valued at $51,508,000 after purchasing an additional 370,086 shares in the last quarter. Finally, Focus Financial Network Inc. grew its position in shares of ProShares Ultra QQQ by 100.1% during the fourth quarter. Focus Financial Network Inc. now owns 599,334 shares of the company’s stock valued at $42,199,000 after purchasing an additional 299,761 shares in the last quarter.

ProShares Ultra QQQ Trading Up 0.6%

Shares of NYSEARCA:QLD traded up $0.56 during mid-day trading on Friday, reaching $93.70. The stock had a trading volume of 2,841,074 shares, compared to its average volume of 5,311,853. The company has a market cap of $14.14 billion, a P/E ratio of 31.03 and a beta of 2.45. ProShares Ultra QQQ has a 1 year low of $56.60 and a 1 year high of $101.19. The business’s 50 day moving average price is $92.89 and its 200 day moving average price is $77.66.

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