Steel Peak Wealth Management LLC Makes New $756,000 Investment in ProShares Ultra QQQ (NYSEARCA:QLD)

Steel Peak Wealth Management LLC purchased a new stake in ProShares Ultra QQQ (NYSEARCA:QLD) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,200 shares of the company’s stock, valued at approximately $756,000.

Several other large investors have also recently added to or reduced their stakes in QLD. Ladenburg Thalmann Financial Services Inc. bought a new stake in shares of ProShares Ultra QQQ in the 2nd quarter valued at about $39,000. Iron Financial LLC boosted its holdings in shares of ProShares Ultra QQQ by 14.0% in the 3rd quarter. Iron Financial LLC now owns 11,890 shares of the company’s stock valued at $1,150,000 after buying an additional 1,458 shares in the last quarter. First National Corp MA ADV boosted its holdings in shares of ProShares Ultra QQQ by 8.8% in the 3rd quarter. First National Corp MA ADV now owns 34,952 shares of the company’s stock valued at $3,381,000 after buying an additional 2,832 shares in the last quarter. Creative Planning boosted its holdings in shares of ProShares Ultra QQQ by 47.1% in the 3rd quarter. Creative Planning now owns 27,053 shares of the company’s stock valued at $2,617,000 after buying an additional 8,663 shares in the last quarter. Finally, Strategic Wealth Advisors Group LLC boosted its holdings in shares of ProShares Ultra QQQ by 1.2% in the 3rd quarter. Strategic Wealth Advisors Group LLC now owns 12,998 shares of the company’s stock valued at $1,257,000 after buying an additional 155 shares in the last quarter.

Shares of NYSEARCA:QLD traded up $0.35 during trading on Friday, reaching $146.95. The stock had a trading volume of 27,979 shares, compared to its average volume of 1,032,233. ProShares Ultra QQQ has a one year low of $78.84 and a one year high of $147.88. The firm’s 50-day simple moving average is $131.49 and its 200 day simple moving average is $110.08.

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.

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Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

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