DRW Securities LLC Buys Shares of 12,491 ProShares Ultra QQQ (NYSEARCA:QLD)

DRW Securities LLC purchased a new position in ProShares Ultra QQQ (NYSEARCA:QLD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,491 shares of the company’s stock, valued at approximately $1,254,000.

Several other large investors have also recently made changes to their positions in QLD. Headlands Technologies LLC acquired a new stake in ProShares Ultra QQQ during the 1st quarter worth $65,000. Banque Cantonale Vaudoise acquired a new position in ProShares Ultra QQQ during the first quarter worth about $105,000. WealthShield Partners LLC acquired a new position in ProShares Ultra QQQ during the second quarter worth about $152,000. CWM LLC purchased a new stake in ProShares Ultra QQQ during the 2nd quarter valued at about $163,000. Finally, Commonwealth Equity Services LLC acquired a new stake in ProShares Ultra QQQ in the 2nd quarter valued at about $217,000.

ProShares Ultra QQQ Price Performance

QLD opened at $98.32 on Monday. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 25.00 and a beta of 2.55. The company’s 50 day simple moving average is $93.76 and its two-hundred day simple moving average is $91.65. ProShares Ultra QQQ has a 1-year low of $53.72 and a 1-year high of $110.04.

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.