D. Scott Neal Inc. Trims Holdings in ProShares Ultra QQQ (NYSEARCA:QLD)

D. Scott Neal Inc. decreased its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,928 shares of the company’s stock after selling 148 shares during the period. ProShares Ultra QQQ accounts for about 1.5% of D. Scott Neal Inc.’s investment portfolio, making the stock its 13th largest position. D. Scott Neal Inc.’s holdings in ProShares Ultra QQQ were worth $2,698,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Oliver Lagore Vanvalin Investment Group raised its position in shares of ProShares Ultra QQQ by 36.5% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock valued at $114,000 after purchasing an additional 306 shares during the period. Tradition Wealth Management LLC purchased a new stake in ProShares Ultra QQQ in the 3rd quarter worth $207,000. Commonwealth Equity Services LLC bought a new stake in ProShares Ultra QQQ during the second quarter valued at about $217,000. Anchor Investment Management LLC raised its holdings in ProShares Ultra QQQ by 131.2% during the second quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock valued at $231,000 after acquiring an additional 1,312 shares during the period. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of ProShares Ultra QQQ in the third quarter valued at about $233,000.

ProShares Ultra QQQ Stock Up 4.5 %

NYSEARCA QLD opened at $110.08 on Thursday. ProShares Ultra QQQ has a twelve month low of $73.29 and a twelve month high of $120.68. The business has a 50-day moving average price of $110.60 and a 200-day moving average price of $102.22. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55.

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.