Howard Capital Management Inc. lifted its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 23.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,792 shares of the company’s stock after buying an additional 28,125 shares during the quarter. ProShares Ultra QQQ comprises about 7.1% of Howard Capital Management Inc.’s holdings, making the stock its 7th biggest holding. Howard Capital Management Inc. owned 0.71% of ProShares Ultra QQQ worth $14,181,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of QLD. Round Table Services LLC acquired a new stake in ProShares Ultra QQQ in the 1st quarter valued at about $216,000. Bell Rock Capital LLC boosted its stake in shares of ProShares Ultra QQQ by 0.8% during the 1st quarter. Bell Rock Capital LLC now owns 94,751 shares of the company’s stock worth $8,525,000 after purchasing an additional 715 shares during the last quarter. GenWealth Group Inc. boosted its stake in shares of ProShares Ultra QQQ by 2.5% during the 1st quarter. GenWealth Group Inc. now owns 31,659 shares of the company’s stock worth $2,923,000 after purchasing an additional 782 shares during the last quarter. Private Asset Management Inc. purchased a new position in shares of ProShares Ultra QQQ during the 1st quarter worth about $202,000. Finally, Sowell Financial Services LLC purchased a new position in shares of ProShares Ultra QQQ during the 4th quarter worth about $609,000.
Shares of QLD stock opened at $101.24 on Friday. ProShares Ultra QQQ has a 1-year low of $58.44 and a 1-year high of $102.51.
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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