ProShares Ultra QQQ $QLD Shares Newly Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp acquired a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 232,929 shares of the company’s stock, valued at approximately $22,280,000. ProShares Ultra QQQ makes up about 2.2% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bullseye Investment Management LLC acquired a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at approximately $33,000. Portus Wealth Advisors LLC purchased a new position in shares of ProShares Ultra QQQ during the 1st quarter valued at approximately $26,000. Monetary Solutions Ltd acquired a new stake in shares of ProShares Ultra QQQ during the fourth quarter worth approximately $59,000. Physician Wealth Advisors Inc. acquired a new stake in shares of ProShares Ultra QQQ during the first quarter worth approximately $66,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of ProShares Ultra QQQ during the second quarter worth approximately $186,000.

ProShares Ultra QQQ Price Performance

Shares of NYSEARCA:QLD traded down $2.84 during midday trading on Thursday, reaching $97.39. The company had a trading volume of 2,044,503 shares, compared to its average volume of 4,867,137. The stock has a market capitalization of $15.35 billion, a P/E ratio of 31.03 and a beta of 2.46. The stock’s fifty day moving average price is $91.72 and its 200-day moving average price is $86.98. ProShares Ultra QQQ has a one year low of $56.60 and a one year high of $101.62.

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.