First National Corp MA ADV Acquires 79,375 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

First National Corp MA ADV raised its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 1,039.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,014 shares of the company’s stock after purchasing an additional 79,375 shares during the period. ProShares Ultra QQQ accounts for about 1.9% of First National Corp MA ADV’s holdings, making the stock its 18th largest holding. First National Corp MA ADV owned about 0.13% of ProShares Ultra QQQ worth $8,762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Main Street Group LTD raised its holdings in shares of ProShares Ultra QQQ by 0.6% during the second quarter. Main Street Group LTD now owns 452,550 shares of the company’s stock valued at $45,721,000 after acquiring an additional 2,810 shares in the last quarter. Clearstead Trust LLC increased its position in ProShares Ultra QQQ by 1.7% during the 2nd quarter. Clearstead Trust LLC now owns 370,857 shares of the company’s stock valued at $37,015,000 after purchasing an additional 6,105 shares during the period. Aveo Capital Partners LLC raised its holdings in ProShares Ultra QQQ by 200.2% in the 2nd quarter. Aveo Capital Partners LLC now owns 255,288 shares of the company’s stock worth $25,480,000 after purchasing an additional 170,254 shares in the last quarter. Flow Traders U.S. LLC lifted its position in shares of ProShares Ultra QQQ by 6,662.8% in the 1st quarter. Flow Traders U.S. LLC now owns 179,416 shares of the company’s stock worth $15,695,000 after purchasing an additional 176,763 shares during the period. Finally, Westwood Wealth Management lifted its position in shares of ProShares Ultra QQQ by 3.3% in the 2nd quarter. Westwood Wealth Management now owns 129,010 shares of the company’s stock worth $12,876,000 after purchasing an additional 4,090 shares during the period.

ProShares Ultra QQQ Price Performance

QLD stock traded up $0.51 during trading on Wednesday, reaching $101.53. The company had a trading volume of 572,056 shares, compared to its average volume of 3,294,694. The business has a 50 day moving average of $94.24 and a 200 day moving average of $92.76. The company has a market cap of $6.94 billion, a P/E ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 52 week low of $53.72 and a 52 week high of $110.04.

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.