Squarepoint Ops LLC Sells 20,961 Shares of ProShares Ultra QQQ (NYSEARCA:QLD)

Squarepoint Ops LLC trimmed its position in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 90.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,188 shares of the company’s stock after selling 20,961 shares during the period. Squarepoint Ops LLC’s holdings in ProShares Ultra QQQ were worth $218,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in QLD. Headlands Technologies LLC bought a new stake in shares of ProShares Ultra QQQ during the first quarter valued at approximately $65,000. Banque Cantonale Vaudoise bought a new stake in ProShares Ultra QQQ in the 1st quarter valued at $105,000. WealthShield Partners LLC bought a new position in shares of ProShares Ultra QQQ during the 2nd quarter worth about $152,000. CWM LLC acquired a new position in ProShares Ultra QQQ in the second quarter worth about $163,000. Finally, Hilltop Partners LLC acquired a new position in ProShares Ultra QQQ in the first quarter worth about $204,000.

ProShares Ultra QQQ Trading Up 0.2 %

NYSEARCA QLD opened at $102.58 on Friday. ProShares Ultra QQQ has a 1-year low of $53.72 and a 1-year high of $110.04. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. The stock’s 50 day moving average is $94.94 and its two-hundred day moving average is $92.99.

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.