IMC Chicago LLC Buys Shares of 42,818 ProShares Ultra QQQ $QLD

IMC Chicago LLC purchased a new stake in ProShares Ultra QQQ (NYSEARCA:QLD) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 42,818 shares of the company’s stock, valued at approximately $3,015,000.

Other large investors also recently modified their holdings of the company. Qube Research & Technologies Ltd bought a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at $71,000. Financial Consulate Inc. lifted its stake in shares of ProShares Ultra QQQ by 88.5% in the 4th quarter. Financial Consulate Inc. now owns 1,067 shares of the company’s stock valued at $75,000 after acquiring an additional 501 shares during the last quarter. Spire Wealth Management lifted its stake in shares of ProShares Ultra QQQ by 152.0% in the 4th quarter. Spire Wealth Management now owns 1,527 shares of the company’s stock valued at $108,000 after acquiring an additional 921 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in shares of ProShares Ultra QQQ by 100.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,898 shares of the company’s stock valued at $134,000 after acquiring an additional 949 shares during the last quarter. Finally, Financial Life Planners bought a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at $139,000.

ProShares Ultra QQQ Stock Performance

Shares of QLD opened at $82.60 on Friday. ProShares Ultra QQQ has a 52 week low of $44.47 and a 52 week high of $83.05. The stock has a market capitalization of $12.24 billion, a price-to-earnings ratio of 31.03 and a beta of 2.43. The stock has a fifty day moving average of $68.50 and a 200-day moving average of $70.07.

ProShares Ultra QQQ Company 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.