Empower Advisory Group LLC Sells 764 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Empower Advisory Group LLC cut its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,348 shares of the company’s stock after selling 764 shares during the period. Empower Advisory Group LLC’s holdings in ProShares Ultra QQQ were worth $471,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in QLD. Sanctuary Advisors LLC grew its holdings in ProShares Ultra QQQ by 5.3% during the 4th quarter. Sanctuary Advisors LLC now owns 6,034 shares of the company’s stock valued at $678,000 after purchasing an additional 306 shares during the last quarter. Aveo Capital Partners LLC grew its holdings in ProShares Ultra QQQ by 5,229.3% during the 4th quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock valued at $15,500,000 after purchasing an additional 140,510 shares during the last quarter. First National Corp MA ADV grew its holdings in ProShares Ultra QQQ by 5.5% during the 4th quarter. First National Corp MA ADV now owns 91,788 shares of the company’s stock valued at $9,935,000 after purchasing an additional 4,774 shares during the last quarter. Clay Northam Wealth Management LLC bought a new position in ProShares Ultra QQQ during the 4th quarter valued at about $277,000. Finally, Financial Life Planners bought a new position in ProShares Ultra QQQ during the 4th quarter valued at about $51,000.

ProShares Ultra QQQ Trading Up 0.1 %

Shares of NYSEARCA:QLD opened at $119.12 on Thursday. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. The firm’s 50-day moving average is $112.94 and its 200 day moving average is $104.69. ProShares Ultra QQQ has a 12 month low of $75.28 and a 12 month high of $120.68.

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.