(QLD) ProShares Ultra QQQ - Ratings and Ratios

ProShares Ultra QQQ (NYSE ARCA:QLD) is a leveraged exchange-traded fund (ETF) designed to provide twice the daily return of the Nasdaq-100 Index. The fund achieves this by investing in financial instruments such as swaps and futures contracts. The Nasdaq-100 Index includes 100 of the largest non-financial companies listed on The Nasdaq Stock Market, selected by market capitalization. The fund is classified as non-diversified, meaning it can invest a significant portion of its assets in a limited number of securities, which may increase volatility. For more information, visit the official website: http://www.proshares.com.

As of the latest data, QLD has an average 20-day trading volume of 4,997,650 shares and a last price of $87.56. The funds technical indicators show a 20-day simple moving average (SMA) of $81.34, a 50-day SMA of $93.40, and a 200-day SMA of $100.75. The Average True Range (ATR) is 5.80, indicating moderate price volatility. With assets under management (AUM) of $5.495 billion, QLD is a popular choice for traders seeking leveraged exposure to the Nasdaq-100 Index. The ETF is categorized under Trading--Leveraged Equity and is listed on the NYSE ARCA exchange.