MassMutual Private Wealth & Trust FSB Purchases 262 Shares of ProShares Ultra QQQ $QLD

MassMutual Private Wealth & Trust FSB increased its holdings in ProShares Ultra QQQ (NYSEARCA:QLD) by 38.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 949 shares of the company’s stock after acquiring an additional 262 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in ProShares Ultra QQQ were worth $112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lowery Thomas LLC lifted its position in ProShares Ultra QQQ by 4.2% during the first quarter. Lowery Thomas LLC now owns 3,703 shares of the company’s stock valued at $329,000 after buying an additional 150 shares during the period. Spire Wealth Management lifted its position in ProShares Ultra QQQ by 15.7% during the first quarter. Spire Wealth Management now owns 1,144 shares of the company’s stock valued at $102,000 after buying an additional 155 shares during the period. Financial Engines Advisors L.L.C. lifted its position in ProShares Ultra QQQ by 1.5% during the first quarter. Financial Engines Advisors L.L.C. now owns 16,517 shares of the company’s stock valued at $1,468,000 after buying an additional 246 shares during the period. IFP Advisors Inc lifted its position in ProShares Ultra QQQ by 80.2% during the first quarter. IFP Advisors Inc now owns 899 shares of the company’s stock valued at $80,000 after buying an additional 400 shares during the period. Finally, Galvin Gaustad & Stein LLC lifted its position in ProShares Ultra QQQ by 9.2% during the first quarter. Galvin Gaustad & Stein LLC now owns 6,405 shares of the company’s stock valued at $569,000 after buying an additional 540 shares during the period.

ProShares Ultra QQQ Trading Up 1.3%

Shares of ProShares Ultra QQQ stock opened at $136.72 on Friday. ProShares Ultra QQQ has a 12 month low of $64.72 and a 12 month high of $137.02. The business has a fifty day simple moving average of $125.45 and a two-hundred day simple moving average of $107.48. The firm has a market capitalization of $10.04 billion, a P/E ratio of 31.03 and a beta of 2.27.

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.