ProShares Ultra QQQ $QLD Stock Holdings Raised by Global View Capital Management LLC

Global View Capital Management LLC raised its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 116.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,802,525 shares of the company’s stock after buying an additional 968,727 shares during the quarter. ProShares Ultra QQQ comprises 23.7% of Global View Capital Management LLC’s portfolio, making the stock its largest holding. Global View Capital Management LLC’s holdings in ProShares Ultra QQQ were worth $126,916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Beacon Capital Management Inc. bought a new stake in shares of ProShares Ultra QQQ in the 2nd quarter worth about $27,000. Elevation Point Wealth Partners LLC bought a new position in shares of ProShares Ultra QQQ in the 2nd quarter valued at about $38,000. Qube Research & Technologies Ltd bought a new position in shares of ProShares Ultra QQQ in the 3rd quarter valued at about $71,000. Financial Consulate Inc. purchased a new position in ProShares Ultra QQQ in the third quarter worth about $78,000. Finally, Financial Life Planners purchased a new position in ProShares Ultra QQQ in the third quarter worth about $139,000.

ProShares Ultra QQQ Price Performance

Shares of NYSEARCA QLD opened at $58.05 on Monday. The business’s 50 day moving average is $67.85 and its two-hundred day moving average is $69.56. ProShares Ultra QQQ has a 1-year low of $32.36 and a 1-year high of $76.67. The stock has a market capitalization of $8.64 billion, a P/E ratio of 31.03 and a beta of 2.31.

ProShares Ultra QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be given a dividend of $0.0132 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.05 annualized dividend and a dividend yield of 0.1%.

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. The Index is calculated under a modified capitalization-weighted methodology.