Blueprint Investment Partners LLC purchased a new position in shares of ProShares UltraShort QQQ (NYSEARCA:QID – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,300 shares of the exchange traded fund’s stock, valued at approximately $533,000. Blueprint Investment Partners LLC owned about 0.30% of ProShares UltraShort QQQ as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. purchased a new position in ProShares UltraShort QQQ during the 4th quarter worth $38,000. SBI Securities Co. Ltd. purchased a new position in ProShares UltraShort QQQ during the 4th quarter worth $53,000. Western Pacific Wealth Management LP purchased a new position in ProShares UltraShort QQQ during the 4th quarter worth $65,000. BNP Paribas Financial Markets increased its holdings in ProShares UltraShort QQQ by 259,700.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,598 shares of the exchange traded fund’s stock worth $94,000 after purchasing an additional 2,597 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in ProShares UltraShort QQQ during the 4th quarter worth $533,000.
ProShares UltraShort QQQ Stock Performance
QID opened at $36.75 on Friday. The stock’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.
ProShares UltraShort QQQ Profile
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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