Avior Wealth Management LLC Sells 1,600 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Avior Wealth Management LLC reduced its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 13.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,285 shares of the company’s stock after selling 1,600 shares during the quarter. Avior Wealth Management LLC’s holdings in ProShares Ultra QQQ were worth $1,113,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group raised its holdings in ProShares Ultra QQQ by 36.5% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 1,144 shares of the company’s stock worth $114,000 after purchasing an additional 306 shares during the period. Tradition Wealth Management LLC bought a new stake in ProShares Ultra QQQ during the third quarter valued at about $207,000. Anchor Investment Management LLC raised its holdings in ProShares Ultra QQQ by 131.2% during the second quarter. Anchor Investment Management LLC now owns 2,312 shares of the company’s stock valued at $231,000 after acquiring an additional 1,312 shares during the period. Safe Harbor Fiduciary LLC bought a new stake in ProShares Ultra QQQ during the third quarter valued at about $233,000. Finally, Klingman & Associates LLC bought a new stake in ProShares Ultra QQQ during the third quarter valued at about $253,000.

ProShares Ultra QQQ Stock Down 1.2 %

NYSEARCA:QLD opened at $115.49 on Friday. The business’s 50-day simple moving average is $111.26 and its two-hundred day simple moving average is $102.67. The stock has a market cap of $7.90 billion, a PE ratio of 25.00 and a beta of 2.55. ProShares Ultra QQQ has a 52 week low of $75.28 and a 52 week high of $120.68.

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.