ProShares Ultra QQQ $QLD Shares Purchased by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. increased its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 95.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,200 shares of the company’s stock after acquiring an additional 45,100 shares during the quarter. Mesirow Financial Investment Management Inc. owned about 0.06% of ProShares Ultra QQQ worth $6,492,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Donaldson Capital Management LLC boosted its position in ProShares Ultra QQQ by 100.0% during the fourth quarter. Donaldson Capital Management LLC now owns 28,000 shares of the company’s stock worth $1,971,000 after acquiring an additional 14,000 shares during the last quarter. CPR Investments Inc. boosted its position in ProShares Ultra QQQ by 277.3% during the fourth quarter. CPR Investments Inc. now owns 12,673 shares of the company’s stock worth $926,000 after acquiring an additional 9,314 shares during the last quarter. Sowell Financial Services LLC boosted its position in ProShares Ultra QQQ by 96.4% during the fourth quarter. Sowell Financial Services LLC now owns 46,863 shares of the company’s stock worth $3,300,000 after acquiring an additional 23,002 shares during the last quarter. PMV Capital Advisers LLC boosted its position in ProShares Ultra QQQ by 125.7% during the fourth quarter. PMV Capital Advisers LLC now owns 33,288 shares of the company’s stock worth $2,344,000 after acquiring an additional 18,538 shares during the last quarter. Finally, GenWealth Group Inc. boosted its position in ProShares Ultra QQQ by 99.0% during the fourth quarter. GenWealth Group Inc. now owns 135,127 shares of the company’s stock worth $9,791,000 after acquiring an additional 67,207 shares during the last quarter.

ProShares Ultra QQQ Trading Up 2.1%

QLD opened at $92.55 on Thursday. The firm has a market capitalization of $13.71 billion, a PE ratio of 31.03 and a beta of 2.43. ProShares Ultra QQQ has a twelve month low of $49.74 and a twelve month high of $93.11. The firm’s 50-day moving average price is $71.49 and its 200 day moving average price is $71.08.

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.