Atria Wealth Solutions Inc. Sells 3,391 Shares of ProShares Ultra QQQ $QLD

Atria Wealth Solutions Inc. decreased its stake in ProShares Ultra QQQ (NYSEARCA:QLD) by 63.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,922 shares of the company’s stock after selling 3,391 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in ProShares Ultra QQQ were worth $227,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in QLD. IFP Advisors Inc grew its holdings in shares of ProShares Ultra QQQ by 80.2% during the 1st quarter. IFP Advisors Inc now owns 899 shares of the company’s stock valued at $80,000 after purchasing an additional 400 shares during the last quarter. Spire Wealth Management grew its holdings in shares of ProShares Ultra QQQ by 15.7% during the 1st quarter. Spire Wealth Management now owns 1,144 shares of the company’s stock valued at $102,000 after purchasing an additional 155 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of ProShares Ultra QQQ by 38.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 949 shares of the company’s stock valued at $112,000 after purchasing an additional 262 shares during the last quarter. Seek First Inc. bought a new position in shares of ProShares Ultra QQQ during the 1st quarter valued at $203,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of ProShares Ultra QQQ during the 2nd quarter valued at $205,000.

ProShares Ultra QQQ Trading Down 2.0%

QLD stock opened at $138.72 on Thursday. The firm’s 50-day moving average price is $132.33 and its two-hundred day moving average price is $114.75. ProShares Ultra QQQ has a 12-month low of $64.72 and a 12-month high of $142.82. The stock has a market capitalization of $10.11 billion, a price-to-earnings ratio of 31.03 and a beta of 2.27.

ProShares Ultra QQQ Company 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.