232,929 Shares of ProShares Ultra QQQ $QLD Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp acquired a new position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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. Toth Financial Advisory Corp owned 0.15% of ProShares Ultra QQQ at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bullseye Investment Management LLC acquired a new stake in shares of ProShares Ultra QQQ in the second quarter valued at about $33,000. Portus Wealth Advisors LLC acquired a new position in ProShares Ultra QQQ during the 1st quarter worth approximately $26,000. Monetary Solutions Ltd purchased a new position in ProShares Ultra QQQ in the 4th quarter worth approximately $59,000. Physician Wealth Advisors Inc. purchased a new position in ProShares Ultra QQQ in the 1st quarter worth approximately $66,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in ProShares Ultra QQQ in the second quarter valued at approximately $186,000.

ProShares Ultra QQQ Price Performance

QLD traded down $2.84 during trading hours on Thursday, reaching $97.39. 2,044,503 shares of the stock traded hands, compared to its average volume of 4,867,137. ProShares Ultra QQQ has a fifty-two week low of $56.60 and a fifty-two week high of $101.62. The company has a market cap of $15.35 billion, a price-to-earnings ratio of 31.03 and a beta of 2.46. The firm’s fifty day simple moving average is $91.72 and its two-hundred day simple moving average is $86.98.

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.