ProShares Ultra QQQ (NYSEARCA:QLD) Shares Purchased by Aveo Capital Partners LLC

Aveo Capital Partners LLC increased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 5,229.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,197 shares of the company’s stock after purchasing an additional 140,510 shares during the quarter. ProShares Ultra QQQ accounts for approximately 1.7% of Aveo Capital Partners LLC’s investment portfolio, making the stock its 12th largest holding. Aveo Capital Partners LLC owned 0.21% of ProShares Ultra QQQ worth $15,500,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of QLD. Financial Life Planners purchased a new position in ProShares Ultra QQQ during the fourth quarter valued at approximately $51,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in ProShares Ultra QQQ during the fourth quarter valued at approximately $214,000. Tradition Wealth Management LLC purchased a new position in ProShares Ultra QQQ during the third quarter valued at approximately $207,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of ProShares Ultra QQQ in the third quarter valued at approximately $233,000. Finally, Klingman & Associates LLC purchased a new stake in shares of ProShares Ultra QQQ in the third quarter valued at approximately $253,000.

ProShares Ultra QQQ Price Performance

ProShares Ultra QQQ stock opened at $118.54 on Friday. The stock has a market capitalization of $8.11 billion, a PE 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. The business has a 50 day simple moving average of $112.60 and a 200-day simple moving average of $103.83.

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.