POM Investment Strategies LLC decreased its position in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 19.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,660 shares of the company’s stock after selling 1,152 shares during the period. POM Investment Strategies LLC’s holdings in ProShares Short QQQ were worth $174,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PSQ. SG Americas Securities LLC purchased a new position in ProShares Short QQQ during the 3rd quarter valued at about $428,000. HTLF Bank acquired a new stake in shares of ProShares Short QQQ during the third quarter worth approximately $221,000. Kaydan Wealth Management Inc. grew its position in ProShares Short QQQ by 99.8% during the third quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock valued at $11,307,000 after purchasing an additional 143,221 shares in the last quarter. Joule Financial LLC acquired a new position in ProShares Short QQQ in the 3rd quarter valued at approximately $234,000. Finally, Resonant Capital Advisors LLC purchased a new stake in ProShares Short QQQ in the 3rd quarter worth approximately $248,000.
ProShares Short QQQ Stock Performance
ProShares Short QQQ stock opened at $36.30 on Tuesday. ProShares Short QQQ has a 12 month low of $35.90 and a 12 month high of $47.24. The company’s fifty day simple moving average is $36.90 and its 200-day simple moving average is $39.09.
ProShares Short QQQ Profile
ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.
Featured Articles
- Five stocks we like better than ProShares Short QQQ
- What Are Dividend Achievers? An Introduction
- Merck: 4 No-Brainer Reasons to Buy This Dip
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding PSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short QQQ (NYSEARCA:PSQ – Free Report).
Receive News & Ratings for ProShares Short QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
