Tower Research Capital LLC TRC acquired a new position in ProShares Ultra QQQ (NYSEARCA:QLD) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 12,604 shares of the company’s stock, valued at approximately $1,090,000.

Other institutional investors also recently made changes to their positions in the company. Global Financial Private Capital LLC grew its stake in shares of ProShares Ultra QQQ by 47.7% in the second quarter. Global Financial Private Capital LLC now owns 5,346 shares of the company’s stock worth $462,000 after acquiring an additional 1,726 shares during the last quarter. Round Table Services LLC acquired a new stake in shares of ProShares Ultra QQQ in the second quarter worth $208,000. Institute for Wealth Management LLC. grew its stake in shares of ProShares Ultra QQQ by 7.9% in the second quarter. Institute for Wealth Management LLC. now owns 31,299 shares of the company’s stock worth $2,710,000 after acquiring an additional 2,295 shares during the last quarter. GFS Advisors LLC acquired a new stake in shares of ProShares Ultra QQQ in the second quarter worth $942,000. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of ProShares Ultra QQQ in the second quarter worth $207,000.

QLD opened at $98.48 on Monday. ProShares Ultra QQQ has a fifty-two week low of $61.33 and a fifty-two week high of $102.51.

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.

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Institutional Ownership by Quarter for ProShares Ultra QQQ (NYSEARCA:QLD)

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