Blueprint Investment Partners LLC bought a new position in ProShares UltraShort QQQ (NYSEARCA:QID – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 16,300 shares of the exchange traded fund’s stock, valued at approximately $533,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in shares of ProShares UltraShort QQQ in the 4th quarter worth approximately $53,000. BNP Paribas Financial Markets increased its stake in ProShares UltraShort QQQ by 259,700.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,598 shares of the exchange traded fund’s stock valued at $94,000 after buying an additional 2,597 shares during the period. Axxcess Wealth Management LLC raised its holdings in shares of ProShares UltraShort QQQ by 20.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 27,151 shares of the exchange traded fund’s stock valued at $888,000 after purchasing an additional 4,627 shares in the last quarter. Ridgepath Capital Management LLC bought a new position in ProShares UltraShort QQQ in the 4th quarter worth $4,887,000. Finally, Western Pacific Wealth Management LP bought a new position in ProShares UltraShort QQQ in the 4th quarter worth $65,000.
ProShares UltraShort QQQ Stock Performance
NYSEARCA QID opened at $36.75 on Friday. The company’s fifty day moving average is $32.84 and its two-hundred day moving average is $34.08. ProShares UltraShort QQQ has a 52-week low of $29.32 and a 52-week high of $51.87.
About ProShares UltraShort QQQ
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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Want to see what other hedge funds are holding QID? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort QQQ (NYSEARCA:QID – Free Report).
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