Signaturefd LLC Sells 85,365 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Signaturefd LLC reduced its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 88.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,479 shares of the company’s stock after selling 85,365 shares during the quarter. Signaturefd LLC’s holdings in ProShares UltraPro Short QQQ were worth $357,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SQQQ. Horizon Kinetics Asset Management LLC increased its stake in ProShares UltraPro Short QQQ by 6.2% in the third quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company’s stock valued at $486,000 after acquiring an additional 3,822 shares during the last quarter. RBF Capital LLC boosted its holdings in shares of ProShares UltraPro Short QQQ by 230.7% in the 3rd quarter. RBF Capital LLC now owns 1,671,427 shares of the company’s stock valued at $12,352,000 after purchasing an additional 1,166,014 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at $1,848,000. Barclays PLC raised its holdings in shares of ProShares UltraPro Short QQQ by 157.8% during the 3rd quarter. Barclays PLC now owns 203,395 shares of the company’s stock worth $1,503,000 after buying an additional 124,500 shares in the last quarter. Finally, World Investment Advisors LLC lifted its position in shares of ProShares UltraPro Short QQQ by 51.0% during the 3rd quarter. World Investment Advisors LLC now owns 28,000 shares of the company’s stock worth $207,000 after buying an additional 9,463 shares during the last quarter.

ProShares UltraPro Short QQQ Stock Down 1.0 %

NASDAQ:SQQQ opened at $36.40 on Friday. ProShares UltraPro Short QQQ has a twelve month low of $26.21 and a twelve month high of $64.95. The stock’s 50-day simple moving average is $31.12 and its 200 day simple moving average is $33.51.

ProShares UltraPro Short QQQ Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.