Woodward Diversified Capital LLC Invests $601,000 in ProShares Ultra QQQ $QLD

Woodward Diversified Capital LLC acquired a new stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,104 shares of the company’s stock, valued at approximately $601,000.

Other institutional investors also recently bought and sold shares of the company. CRA Financial Services LLC boosted its position in shares of ProShares Ultra QQQ by 3.8% during the second quarter. CRA Financial Services LLC now owns 2,754 shares of the company’s stock valued at $324,000 after buying an additional 100 shares during the last quarter. Lowery Thomas LLC boosted its position in shares of ProShares Ultra QQQ by 3.5% during the second quarter. Lowery Thomas LLC now owns 3,834 shares of the company’s stock valued at $451,000 after buying an additional 131 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of ProShares Ultra QQQ by 15.7% during the 1st quarter. Spire Wealth Management now owns 1,144 shares of the company’s stock valued at $102,000 after acquiring an additional 155 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in shares of ProShares Ultra QQQ by 1.5% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 16,517 shares of the company’s stock valued at $1,468,000 after acquiring an additional 246 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of ProShares Ultra QQQ by 38.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 949 shares of the company’s stock valued at $112,000 after acquiring an additional 262 shares during the last quarter.

ProShares Ultra QQQ Trading Up 1.0%

Shares of QLD stock opened at $138.52 on Thursday. ProShares Ultra QQQ has a 12-month low of $64.72 and a 12-month high of $138.77. The firm’s 50 day moving average is $127.93 and its 200 day moving average is $109.81. The stock has a market capitalization of $10.17 billion, a P/E ratio of 31.03 and a beta of 2.27.

ProShares Ultra QQQ 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.