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NASDAQ:QLD 31 March 2026

TQQQ, QLD Bets Grow at Wealth Advisers as Nasdaq Correction Tests Leveraged ETFs

TQQQ, QLD Bets Grow at Wealth Advisers as Nasdaq Correction Tests Leveraged ETFs

Several U.S. wealth managers bulked up on leveraged Nasdaq-100 bets at year-end, filings show. Sherman Wealth Management snapped up 42,668 shares of ProShares UltraPro QQQ, according to market notes dated March 29 and March 30. Wealth Enhancement Advisory Services more than doubled its stake, now holding 135,309 shares. Woodward Diversified Capital increased its ProShares Ultra QQQ holdings as well. The disclosures catch attention, especially after the abrupt reversal in the underlying trade those leveraged funds track. Monday saw the Nasdaq Composite drop 0.73%, pushing it over 10% below its October high, which marks a technical correction. TQQQ aims for triple the daily move of the Nasdaq-100; QLD targets double.
31 March 2026
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Stock Market Today

  • Marzetti (MZTI) Stock Drops 6.8% as Q1 Misses Estimates, Peer Group Lags
    June 29, 2026, 6:07 PM EDT. The Marzetti Company (NASDAQ:MZTI) kept Q1 revenues flat at $451.8 million, coming in 2.6% below where analysts were looking. EPS and EBITDA both fell in the quarter. CEO David A. Ciesinski said gross profit hit a record, pushed up by frozen bread and dinner roll sales, though overall net sales declined thanks to weaker categories and less demand from club stores. Foodservice posted a small sales gain. Marzetti shares dropped 6.8% after the report, closing at $115.92. The broader shelf-stable food group-17 stocks-had mixed Q1s, with average share prices off 3.2% and next-quarter revenue guidance 11.6% lower, pointing to more trouble across the sector.
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