Woodward Diversified Capital LLC Buys 15,124 Shares of ProShares Ultra QQQ $QLD

Woodward Diversified Capital LLC boosted its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 29.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 66,354 shares of the company’s stock after buying an additional 15,124 shares during the quarter. ProShares Ultra QQQ accounts for 2.4% of Woodward Diversified Capital LLC’s investment portfolio, making the stock its 8th biggest position. Woodward Diversified Capital LLC’s holdings in ProShares Ultra QQQ were worth $6,347,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Sowell Financial Services LLC acquired a new position in shares of ProShares Ultra QQQ during the 3rd quarter worth approximately $3,555,000. Robinson Value Management Ltd. bought a new stake in shares of ProShares Ultra QQQ during the 3rd quarter worth approximately $1,866,000. Genesee Capital Advisors LLC acquired a new stake in shares of ProShares Ultra QQQ in the 3rd quarter valued at approximately $2,293,000. SteelPeak Wealth LLC boosted its holdings in shares of ProShares Ultra QQQ by 6.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 52,049 shares of the company’s stock valued at $4,979,000 after buying an additional 3,029 shares during the last quarter. Finally, CRA Financial Services LLC boosted its holdings in shares of ProShares Ultra QQQ by 9.3% in the 3rd quarter. CRA Financial Services LLC now owns 7,053 shares of the company’s stock valued at $675,000 after buying an additional 600 shares during the last quarter.

ProShares Ultra QQQ Trading Up 2.1%

NYSEARCA:QLD opened at $91.46 on Thursday. ProShares Ultra QQQ has a 1-year low of $56.60 and a 1-year high of $101.62. The firm has a fifty day simple moving average of $92.50 and a 200 day simple moving average of $89.23. The stock has a market capitalization of $14.55 billion, a PE ratio of 31.03 and a beta of 2.46.

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