38,110 Shares in ProShares UltraShort QQQ (QID) Acquired by Bank Hapoalim BM

Bank Hapoalim BM acquired a new stake in shares of ProShares UltraShort QQQ (NYSEARCA:QID) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 38,110 shares of the exchange traded fund’s stock, valued at approximately $1,311,000. Bank Hapoalim BM owned 0.38% of ProShares UltraShort QQQ at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Deutsche Bank AG purchased a new position in shares of ProShares UltraShort QQQ during the 4th quarter valued at approximately $2,377,000. Virtu Financial LLC purchased a new position in shares of ProShares UltraShort QQQ during the 4th quarter valued at approximately $1,274,000. First Bank & Trust purchased a new position in shares of ProShares UltraShort QQQ during the 1st quarter valued at approximately $481,000. Two Sigma Securities LLC purchased a new position in shares of ProShares UltraShort QQQ during the 4th quarter valued at approximately $655,000. Finally, Clean Yield Group increased its holdings in shares of ProShares UltraShort QQQ by 530.8% during the 1st quarter. Clean Yield Group now owns 8,200 shares of the exchange traded fund’s stock valued at $282,000 after purchasing an additional 6,900 shares in the last quarter.

NYSEARCA:QID opened at $34.09 on Wednesday. ProShares UltraShort QQQ has a 1-year low of $30.45 and a 1-year high of $55.72.

TRADEMARK VIOLATION WARNING: “38,110 Shares in ProShares UltraShort QQQ (QID) Acquired by Bank Hapoalim BM” was originally posted by Rockland Register and is the property of of Rockland Register. If you are viewing this article on another site, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this article can be viewed at https://rocklandregister.com/2019/05/15/38110-shares-in-proshares-ultrashort-qqq-qid-acquired-by-bank-hapoalim-bm.html.

ProShares UltraShort QQQ 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.

Featured Story: What is an investor looking for in an SEC filing?

Institutional Ownership by Quarter for ProShares UltraShort QQQ (NYSEARCA:QID)

Receive News & Ratings for ProShares UltraShort QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort QQQ and related companies with MarketBeat.com's FREE daily email newsletter.