180 Wealth Advisors LLC Has $2.15 Million Stock Position in ProShares Ultra QQQ (NYSEARCA:QLD)

180 Wealth Advisors LLC grew its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 81.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,894 shares of the company’s stock after acquiring an additional 8,959 shares during the period. 180 Wealth Advisors LLC’s holdings in ProShares Ultra QQQ were worth $2,153,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in ProShares Ultra QQQ during the 2nd quarter worth approximately $217,000. Client First Investment Management LLC bought a new position in ProShares Ultra QQQ during the 2nd quarter worth $4,888,000. Sanctuary Advisors LLC acquired a new stake in shares of ProShares Ultra QQQ during the second quarter worth $572,000. Oliver Lagore Vanvalin Investment Group boosted its position in shares of ProShares Ultra QQQ by 36.5% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock valued at $114,000 after acquiring an additional 306 shares during the period. Finally, First National Corp MA ADV grew its stake in shares of ProShares Ultra QQQ by 1,039.1% in the third quarter. First National Corp MA ADV now owns 87,014 shares of the company’s stock valued at $8,762,000 after acquiring an additional 79,375 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

NYSEARCA:QLD opened at $105.57 on Tuesday. ProShares Ultra QQQ has a 52 week low of $73.29 and a 52 week high of $120.68. The firm’s 50-day simple moving average is $110.47 and its 200 day simple moving average is $102.13. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55.

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.