Blueprint Financial Advisors LLC Makes New Investment in ProShares UltraShort QQQ $QID

Blueprint Financial Advisors LLC purchased a new stake in ProShares UltraShort QQQ (NYSEARCA:QID) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 34,600 shares of the exchange traded fund’s stock, valued at approximately $745,000. Blueprint Financial Advisors LLC owned 0.22% of ProShares UltraShort QQQ as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bogart Wealth LLC acquired a new stake in shares of ProShares UltraShort QQQ in the third quarter valued at $73,000. SBI Securities Co. Ltd. raised its position in ProShares UltraShort QQQ by 103.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 3,438 shares of the exchange traded fund’s stock valued at $87,000 after purchasing an additional 1,746 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. purchased a new position in shares of ProShares UltraShort QQQ in the 2nd quarter valued at about $190,000. Captrust Financial Advisors boosted its stake in shares of ProShares UltraShort QQQ by 15.5% in the 2nd quarter. Captrust Financial Advisors now owns 9,152 shares of the exchange traded fund’s stock valued at $232,000 after buying an additional 1,228 shares during the period. Finally, Eastern Bank increased its stake in shares of ProShares UltraShort QQQ by 232.2% during the third quarter. Eastern Bank now owns 16,775 shares of the exchange traded fund’s stock worth $361,000 after buying an additional 11,725 shares during the period.

ProShares UltraShort QQQ Stock Down 0.2%

Shares of NYSEARCA:QID opened at $20.69 on Tuesday. ProShares UltraShort QQQ has a fifty-two week low of $18.87 and a fifty-two week high of $50.45. The firm’s 50 day moving average price is $20.14 and its 200 day moving average price is $21.04.

ProShares UltraShort QQQ Company 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. The Index reflects companies across industry groups, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology.