ProShares Ultra QQQ (NYSEARCA:QLD) Shares Sold by Brookstone Capital Management

Brookstone Capital Management decreased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 41.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,174 shares of the company’s stock after selling 4,438 shares during the quarter. Brookstone Capital Management’s holdings in ProShares Ultra QQQ were worth $668,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of QLD. Oliver Lagore Vanvalin Investment Group increased its position in ProShares Ultra QQQ by 36.5% in the 2nd 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. Tradition Wealth Management LLC bought a new position in shares of ProShares Ultra QQQ in the third quarter worth $207,000. Commonwealth Equity Services LLC acquired a new position in shares of ProShares Ultra QQQ during the second quarter valued at $217,000. Anchor Investment Management LLC raised its stake in shares of ProShares Ultra QQQ by 131.2% during the second quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock valued at $231,000 after purchasing an additional 1,312 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC acquired a new stake in ProShares Ultra QQQ in the third quarter worth about $233,000.

ProShares Ultra QQQ Stock Up 3.3 %

Shares of QLD opened at $112.19 on Friday. The firm has a market capitalization of $7.67 billion, a PE ratio of 25.00 and a beta of 2.55. The firm has a 50-day moving average price of $110.60 and a 200 day moving average price of $102.35. ProShares Ultra QQQ has a 52-week low of $75.28 and a 52-week high of $120.68.

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.