UBS Group AG Has $3.40 Million Stake in ProShares Ultra QQQ $QLD

UBS Group AG decreased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 38.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,310 shares of the company’s stock after selling 29,791 shares during the quarter. UBS Group AG’s holdings in ProShares Ultra QQQ were worth $3,402,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Financial Engines Advisors L.L.C. boosted its holdings in shares of ProShares Ultra QQQ by 0.7% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 16,513 shares of the company’s stock valued at $2,266,000 after acquiring an additional 122 shares in the last quarter. Creative Planning boosted its holdings in shares of ProShares Ultra QQQ by 1.1% during the 3rd quarter. Creative Planning now owns 33,298 shares of the company’s stock valued at $4,568,000 after acquiring an additional 364 shares in the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of ProShares Ultra QQQ by 3.6% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 10,863 shares of the company’s stock valued at $1,490,000 after acquiring an additional 375 shares in the last quarter. Innova Wealth Partners boosted its holdings in shares of ProShares Ultra QQQ by 3.3% during the 3rd quarter. Innova Wealth Partners now owns 11,968 shares of the company’s stock valued at $1,642,000 after acquiring an additional 386 shares in the last quarter. Finally, Atlatl Advisers LLC boosted its holdings in shares of ProShares Ultra QQQ by 7.1% during the 3rd quarter. Atlatl Advisers LLC now owns 6,454 shares of the company’s stock valued at $885,000 after acquiring an additional 430 shares in the last quarter.

ProShares Ultra QQQ Price Performance

Shares of NYSEARCA:QLD opened at $93.10 on Monday. The firm has a market cap of $13.79 billion, a P/E ratio of 31.03 and a beta of 2.43. ProShares Ultra QQQ has a 12-month low of $49.74 and a 12-month high of $94.48. The business has a fifty day simple moving average of $74.85 and a 200 day simple moving average of $71.91.

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.