Toth Financial Advisory Corp lowered its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 1.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 106,916 shares of the company’s stock after selling 1,446 shares during the quarter. ProShares Ultra QQQ comprises about 2.3% of Toth Financial Advisory Corp’s holdings, making the stock its 7th biggest position. Toth Financial Advisory Corp’s holdings in ProShares Ultra QQQ were worth $9,615,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of QLD. Howard Capital Management Inc. grew its stake in ProShares Ultra QQQ by 23.3% during the 1st quarter. Howard Capital Management Inc. now owns 148,792 shares of the company’s stock valued at $14,181,000 after purchasing an additional 28,125 shares during the last quarter. Round Table Services LLC acquired a new position in shares of ProShares Ultra QQQ in the first quarter valued at about $216,000. Bell Rock Capital LLC grew its stake in shares of ProShares Ultra QQQ by 0.8% in the first quarter. Bell Rock Capital LLC now owns 94,751 shares of the company’s stock valued at $8,525,000 after acquiring an additional 715 shares in the last quarter. GenWealth Group Inc. grew its stake in ProShares Ultra QQQ by 2.5% during the first quarter. GenWealth Group Inc. now owns 31,659 shares of the company’s stock worth $2,923,000 after buying an additional 782 shares in the last quarter. Finally, Private Asset Management Inc. acquired a new stake in ProShares Ultra QQQ during the first quarter worth about $202,000.

ProShares Ultra QQQ stock traded up $0.01 during trading hours on Monday, reaching $95.98. 887,848 shares of the stock were exchanged, compared to its average volume of 1,549,983. ProShares Ultra QQQ has a twelve month low of $58.44 and a twelve month high of $102.51.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were paid a dividend of $0.0628 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.26%. This is an increase from ProShares Ultra QQQ’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Wednesday, March 20th.

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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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Want to see what other hedge funds are holding QLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra QQQ (NYSEARCA:QLD).

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

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