Jump Financial LLC Boosts Holdings in ProShares Short QQQ (NYSEARCA:PSQ)

Jump Financial LLC increased its position in ProShares Short QQQ (NYSEARCA:PSQ) by 94.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 336,335 shares of the company’s stock after purchasing an additional 163,655 shares during the period. Jump Financial LLC owned 2.72% of ProShares Short QQQ worth $12,579,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PSQ. Spire Wealth Management purchased a new position in ProShares Short QQQ in the 4th quarter valued at approximately $101,000. JPMorgan Chase & Co. lifted its position in ProShares Short QQQ by 62.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company’s stock worth $167,000 after buying an additional 1,713 shares during the period. Auour Investments LLC acquired a new stake in shares of ProShares Short QQQ in the fourth quarter worth approximately $204,000. Intellectus Partners LLC acquired a new stake in shares of ProShares Short QQQ during the 4th quarter worth $206,000. Finally, Headlands Technologies LLC purchased a new position in shares of ProShares Short QQQ in the 4th quarter worth about $217,000.

ProShares Short QQQ Price Performance

ProShares Short QQQ stock opened at $40.81 on Tuesday. ProShares Short QQQ has a 52-week low of $35.57 and a 52-week high of $47.24. The firm has a fifty day moving average of $39.29 and a 200-day moving average of $38.38.

ProShares Short QQQ Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were given a $0.3415 dividend. The ex-dividend date was Wednesday, March 26th.

About ProShares Short QQQ

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.