Orion Portfolio Solutions LLC Has $827,000 Stock Holdings in ProShares Ultra QQQ (NYSEARCA:QLD)

Orion Portfolio Solutions LLC trimmed its position in ProShares Ultra QQQ (NYSEARCA:QLD) by 67.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,371 shares of the company’s stock after selling 23,768 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in ProShares Ultra QQQ were worth $827,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Clearstead Advisors LLC lifted its holdings in shares of ProShares Ultra QQQ by 434.8% during the 2nd quarter. Clearstead Advisors LLC now owns 558,499 shares of the company’s stock valued at $40,106,000 after purchasing an additional 454,059 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in ProShares Ultra QQQ by 9,104.1% in the 3rd quarter. Kestra Advisory Services LLC now owns 266,643 shares of the company’s stock valued at $19,404,000 after acquiring an additional 263,746 shares in the last quarter. West Chester Capital Advisors Inc. lifted its stake in ProShares Ultra QQQ by 291.4% in the 3rd quarter. West Chester Capital Advisors Inc. now owns 163,062 shares of the company’s stock valued at $11,866,000 after acquiring an additional 121,406 shares in the last quarter. Karp Capital Management Corp raised its stake in shares of ProShares Ultra QQQ by 227.0% during the 2nd quarter. Karp Capital Management Corp now owns 139,087 shares of the company’s stock worth $9,988,000 after purchasing an additional 96,554 shares in the last quarter. Finally, Savior LLC raised its stake in shares of ProShares Ultra QQQ by 491.7% during the 3rd quarter. Savior LLC now owns 46,865 shares of the company’s stock worth $3,410,000 after purchasing an additional 38,945 shares in the last quarter.

Shares of NYSEARCA QLD opened at $81.08 on Friday. The stock’s fifty day moving average price is $87.15 and its two-hundred day moving average price is $80.54. ProShares Ultra QQQ has a one year low of $51.20 and a one year high of $94.54.

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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Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

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