ProShares Ultra QQQ (NYSEARCA:QLD) Shares Acquired by First National Corp MA ADV

First National Corp MA ADV boosted its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,788 shares of the company’s stock after purchasing an additional 4,774 shares during the period. ProShares Ultra QQQ comprises approximately 2.2% of First National Corp MA ADV’s holdings, making the stock its 13th largest position. First National Corp MA ADV owned about 0.13% of ProShares Ultra QQQ worth $9,935,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in shares of ProShares Ultra QQQ during the 2nd quarter worth $572,000. Koshinski Asset Management Inc. boosted its holdings in ProShares Ultra QQQ by 11.8% during the third quarter. Koshinski Asset Management Inc. now owns 4,754 shares of the company’s stock worth $479,000 after buying an additional 500 shares in the last quarter. Castleview Partners LLC boosted its holdings in ProShares Ultra QQQ by 38.7% during the third quarter. Castleview Partners LLC now owns 18,841 shares of the company’s stock worth $1,897,000 after buying an additional 5,257 shares in the last quarter. Integrated Advisors Network LLC grew its position in ProShares Ultra QQQ by 69.9% during the third quarter. Integrated Advisors Network LLC now owns 4,568 shares of the company’s stock worth $460,000 after buying an additional 1,879 shares during the period. Finally, IMC Chicago LLC purchased a new position in ProShares Ultra QQQ in the third quarter valued at about $14,490,000.

ProShares Ultra QQQ Trading Down 2.5 %

QLD stock opened at $112.15 on Monday. The firm has a 50 day moving average of $112.36 and a 200-day moving average of $103.26. The company has a market cap of $7.67 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 12-month low of $75.28 and a 12-month high of $120.68.

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.