Westwood Wealth Management Acquires 10,850 Shares of ProShares Ultra QQQ $QLD

Westwood Wealth Management raised its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 7.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,615 shares of the company’s stock after purchasing an additional 10,850 shares during the period. ProShares Ultra QQQ comprises approximately 5.9% of Westwood Wealth Management’s holdings, making the stock its 4th largest holding. Westwood Wealth Management owned about 0.20% of ProShares Ultra QQQ worth $17,493,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. CRA Financial Services LLC raised its position in shares of ProShares Ultra QQQ by 3.8% in the 2nd quarter. CRA Financial Services LLC now owns 2,754 shares of the company’s stock valued at $324,000 after purchasing an additional 100 shares in the last quarter. Lowery Thomas LLC increased its holdings in shares of ProShares Ultra QQQ by 3.5% in the 2nd quarter. Lowery Thomas LLC now owns 3,834 shares of the company’s stock valued at $451,000 after acquiring an additional 131 shares during the last quarter. Financial Engines Advisors L.L.C. increased its holdings in shares of ProShares Ultra QQQ by 1.5% in 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. MassMutual Private Wealth & Trust FSB increased its holdings in shares of ProShares Ultra QQQ by 38.1% in 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. Finally, IFP Advisors Inc increased its holdings in shares of ProShares Ultra QQQ by 80.2% in the 1st quarter. IFP Advisors Inc now owns 899 shares of the company’s stock valued at $80,000 after acquiring an additional 400 shares during the last quarter.

ProShares Ultra QQQ Trading Up 1.0%

Shares of NYSEARCA QLD opened at $149.48 on Friday. ProShares Ultra QQQ has a twelve month low of $64.72 and a twelve month high of $153.33. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of 31.03 and a beta of 2.31. The business has a 50 day simple moving average of $135.50 and a 200-day simple moving average of $118.65.

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.