ProShares Ultra QQQ $QLD Shares Acquired by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC increased its stake in shares of ProShares Ultra QQQ (NYSEARCA:QLD) by 128.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,519 shares of the company’s stock after purchasing an additional 14,901 shares during the period. ProShares Ultra QQQ accounts for about 0.9% of Woodward Diversified Capital LLC’s holdings, making the stock its 24th biggest position. Woodward Diversified Capital LLC’s holdings in ProShares Ultra QQQ were worth $1,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Main Street Group LTD lifted its position in shares of ProShares Ultra QQQ by 2.3% in the third quarter. Main Street Group LTD now owns 547,311 shares of the company’s stock valued at $75,091,000 after acquiring an additional 12,223 shares in the last quarter. GenWealth Group Inc. raised its stake in ProShares Ultra QQQ by 99.0% in the 4th quarter. GenWealth Group Inc. now owns 135,127 shares of the company’s stock valued at $9,791,000 after purchasing an additional 67,207 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in ProShares Ultra QQQ by 354.9% in the 3rd quarter. Flow Traders U.S. LLC now owns 20,942 shares of the company’s stock valued at $2,873,000 after purchasing an additional 16,338 shares in the last quarter. Marshall Financial Group LLC boosted its stake in shares of ProShares Ultra QQQ by 55.7% during the 4th quarter. Marshall Financial Group LLC now owns 72,265 shares of the company’s stock worth $5,088,000 after purchasing an additional 25,853 shares during the last quarter. Finally, Innova Wealth Partners grew its holdings in shares of ProShares Ultra QQQ by 90.6% during the fourth quarter. Innova Wealth Partners now owns 22,816 shares of the company’s stock worth $1,606,000 after buying an additional 10,848 shares in the last quarter.

ProShares Ultra QQQ Stock Performance

Shares of QLD opened at $58.05 on Friday. ProShares Ultra QQQ has a 1 year low of $32.36 and a 1 year high of $76.67. The company’s 50 day simple moving average is $67.85 and its 200 day simple moving average is $69.52. The company has a market capitalization of $8.64 billion, a price-to-earnings ratio of 31.03 and a beta of 2.31.

ProShares Ultra QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be paid a $0.0132 dividend. This represents a $0.05 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, March 25th.

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. The Index is calculated under a modified capitalization-weighted methodology.