Howard Capital Management Inc. Raises Stake in ProShares Ultra QQQ (NYSEARCA:QLD)

Howard Capital Management Inc. grew its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 0.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,410,206 shares of the company’s stock after purchasing an additional 1,657 shares during the quarter. ProShares Ultra QQQ makes up approximately 10.2% of Howard Capital Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Howard Capital Management Inc. owned approximately 10.83% of ProShares Ultra QQQ worth $802,081,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Dale Q Rice Investment Management Ltd acquired a new position in shares of ProShares Ultra QQQ in the fourth quarter valued at about $24,535,000. IMC Chicago LLC acquired a new position in shares of ProShares Ultra QQQ in the third quarter valued at about $14,490,000. Aveo Capital Partners LLC grew its stake in shares of ProShares Ultra QQQ by 5,229.3% in the fourth quarter. Aveo Capital Partners LLC now owns 143,197 shares of the company’s stock valued at $15,500,000 after acquiring an additional 140,510 shares in the last quarter. Ridgepath Capital Management LLC acquired a new position in shares of ProShares Ultra QQQ in the fourth quarter valued at about $10,787,000. Finally, Axxcess Wealth Management LLC acquired a new position in shares of ProShares Ultra QQQ in the third quarter valued at about $10,032,000.

ProShares Ultra QQQ Stock Performance

QLD stock opened at $113.14 on Friday. The company has a market capitalization of $7.74 billion, a PE ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 52 week low of $75.28 and a 52 week high of $120.68. The company’s 50-day simple moving average is $112.92 and its 200 day simple moving average is $105.00.

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.