Tempus Wealth Planning LLC Sells 9,237 Shares of ProShares Ultra QQQ $QLD

Tempus Wealth Planning LLC lowered its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 28.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,924 shares of the company’s stock after selling 9,237 shares during the period. Tempus Wealth Planning LLC’s holdings in ProShares Ultra QQQ were worth $2,193,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of QLD. Envestnet Asset Management Inc. acquired a new position in ProShares Ultra QQQ during the second quarter valued at $2,987,000. WealthBridge Capital Management LLC lifted its stake in ProShares Ultra QQQ by 90.4% in the 1st quarter. WealthBridge Capital Management LLC now owns 16,841 shares of the company’s stock worth $1,027,000 after acquiring an additional 7,997 shares in the last quarter. Latitude Advisors LLC lifted its stake in ProShares Ultra QQQ by 50.6% in the 1st quarter. Latitude Advisors LLC now owns 41,336 shares of the company’s stock worth $2,521,000 after acquiring an additional 13,897 shares in the last quarter. 180 Wealth Advisors LLC boosted its position in ProShares Ultra QQQ by 29.4% during the 2nd quarter. 180 Wealth Advisors LLC now owns 25,853 shares of the company’s stock worth $2,502,000 after acquiring an additional 5,874 shares during the period. Finally, Discipline Wealth Solutions LLC boosted its position in ProShares Ultra QQQ by 316.3% during the 1st quarter. Discipline Wealth Solutions LLC now owns 122,373 shares of the company’s stock worth $7,465,000 after acquiring an additional 92,975 shares during the period.

ProShares Ultra QQQ Trading Down 4.0%

NYSEARCA QLD traded down $3.89 during trading on Wednesday, reaching $92.55. 4,844,739 shares of the company’s stock were exchanged, compared to its average volume of 4,849,091. ProShares Ultra QQQ has a fifty-two week low of $56.60 and a fifty-two week high of $101.62. The company’s fifty day simple moving average is $92.60 and its 200-day simple moving average is $87.95. The firm has a market capitalization of $14.62 billion, a PE ratio of 31.03 and a beta of 2.46.

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. The Index is calculated under a modified capitalization-weighted methodology.