Avior Wealth Management LLC Sells 700 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Avior Wealth Management LLC decreased its holdings in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,685 shares of the company’s stock after selling 700 shares during the quarter. Avior Wealth Management LLC’s holdings in ProShares Ultra QQQ were worth $1,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in QLD. AlphaMark Advisors LLC grew its position in shares of ProShares Ultra QQQ by 91.0% in the third quarter. AlphaMark Advisors LLC now owns 489 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares in the last quarter. Pathstone Family Office LLC bought a new stake in shares of ProShares Ultra QQQ during the third quarter valued at about $17,182,000. Citigroup Inc. lifted its holdings in shares of ProShares Ultra QQQ by 20.0% in the third quarter. Citigroup Inc. now owns 2,280 shares of the company’s stock worth $135,000 after buying an additional 380 shares in the last quarter. Barclays PLC bought a new position in shares of ProShares Ultra QQQ in the third quarter valued at approximately $155,000. Finally, CoreCap Advisors LLC purchased a new position in ProShares Ultra QQQ during the fourth quarter valued at approximately $204,000.

ProShares Ultra QQQ Trading Up 0.7 %

ProShares Ultra QQQ stock opened at $82.70 on Wednesday. ProShares Ultra QQQ has a 1-year low of $45.98 and a 1-year high of $89.74. The firm has a market capitalization of $5.81 billion, a PE ratio of 25.00 and a beta of 2.55. The firm’s 50 day simple moving average is $85.58 and its 200 day simple moving average is $75.18.

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.