93,839 Shares in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Acquired by Headlands Technologies LLC

Headlands Technologies LLC purchased a new position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 93,839 shares of the company’s stock, valued at approximately $2,922,000. Headlands Technologies LLC owned 0.14% of ProShares UltraPro Short QQQ at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Peoples Bank KS purchased a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter worth about $62,000. Centerpoint Advisors LLC increased its holdings in ProShares UltraPro Short QQQ by 20.0% in the 4th quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company’s stock worth $187,000 after acquiring an additional 1,000 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter valued at approximately $360,000. SBI Securities Co. Ltd. purchased a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter worth about $423,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in ProShares UltraPro Short QQQ during the fourth quarter worth approximately $439,000.

ProShares UltraPro Short QQQ Price Performance

Shares of NASDAQ SQQQ opened at $38.34 on Tuesday. ProShares UltraPro Short QQQ has a 52-week low of $26.21 and a 52-week high of $64.95. The business’s 50 day moving average is $31.74 and its two-hundred day moving average is $32.96.

ProShares UltraPro Short QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th will be paid a $0.4823 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Wednesday, March 26th.

About ProShares UltraPro Short QQQ

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.