12,374 Shares in ProShares UltraShort QQQ (NYSEARCA:QID) Bought by Verity Asset Management Inc.

Verity Asset Management Inc. acquired a new position in shares of ProShares UltraShort QQQ (NYSEARCA:QIDGet Rating) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,374 shares of the exchange traded fund’s stock, valued at approximately $216,000. Verity Asset Management Inc. owned about 0.08% of ProShares UltraShort QQQ as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of QID. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new position in ProShares UltraShort QQQ during the 1st quarter worth $28,000. Advisor Group Holdings Inc. purchased a new position in shares of ProShares UltraShort QQQ in the 1st quarter valued at about $32,000. Citigroup Inc. increased its holdings in shares of ProShares UltraShort QQQ by 212.5% in the 1st quarter. Citigroup Inc. now owns 2,500 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,700 shares in the last quarter. HighTower Advisors LLC purchased a new position in shares of ProShares UltraShort QQQ in the 1st quarter valued at about $188,000. Finally, Solstein Capital LLC increased its holdings in shares of ProShares UltraShort QQQ by 589.2% in the 1st quarter. Solstein Capital LLC now owns 11,482 shares of the exchange traded fund’s stock valued at $200,000 after purchasing an additional 9,816 shares in the last quarter.

ProShares UltraShort QQQ Trading Up 3.4 %

Shares of QID opened at $23.30 on Friday. The company has a 50-day simple moving average of $21.41 and a 200-day simple moving average of $21.90. ProShares UltraShort QQQ has a 52-week low of $15.12 and a 52-week high of $28.66.

About ProShares UltraShort QQQ

(Get Rating)

ProShares UltraShort QQQ (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization.

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Institutional Ownership by Quarter for ProShares UltraShort QQQ (NYSEARCA:QID)

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