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

Woodward Diversified Capital LLC increased its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 29.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 66,354 shares of the company’s stock after purchasing an additional 15,124 shares during the quarter. ProShares Ultra QQQ accounts for 2.4% of Woodward Diversified Capital LLC’s holdings, making the stock its 8th biggest position. Woodward Diversified Capital LLC’s holdings in ProShares Ultra QQQ were worth $6,347,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of QLD. Turner Capital Investments LLC bought a new position in ProShares Ultra QQQ in the third quarter valued at approximately $44,161,000. Toth Financial Advisory Corp acquired a new position in shares of ProShares Ultra QQQ in the third quarter valued at approximately $22,280,000. Legacy Wealth Partners LLC increased its position in shares of ProShares Ultra QQQ by 727.2% during the third quarter. Legacy Wealth Partners LLC now owns 51,512 shares of the company’s stock worth $4,927,000 after acquiring an additional 45,285 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of ProShares Ultra QQQ during the third quarter worth $3,555,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of ProShares Ultra QQQ during the second quarter worth $2,987,000.

ProShares Ultra QQQ Stock Up 2.1%

Shares of NYSEARCA:QLD opened at $91.46 on Thursday. The firm has a market cap of $14.55 billion, a price-to-earnings ratio of 31.03 and a beta of 2.46. ProShares Ultra QQQ has a 12 month low of $56.60 and a 12 month high of $101.62. The company’s fifty day simple moving average is $92.50 and its 200 day simple moving average is $89.23.

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.