Two Sigma Securities LLC acquired a new stake in ProShares UltraShort QQQ (NYSEARCA:QID – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 14,619 shares of the exchange traded fund’s stock, valued at approximately $478,000. Two Sigma Securities LLC owned 0.27% of ProShares UltraShort QQQ at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Tower Research Capital LLC TRC raised its stake in ProShares UltraShort QQQ by 25,858.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 34,005 shares of the exchange traded fund’s stock valued at $1,112,000 after acquiring an additional 33,874 shares during the period. Trek Financial LLC acquired a new position in shares of ProShares UltraShort QQQ in the fourth quarter valued at $2,375,000. Headlands Technologies LLC bought a new position in shares of ProShares UltraShort QQQ in the fourth quarter valued at about $2,004,000. JPMorgan Chase & Co. acquired a new stake in shares of ProShares UltraShort QQQ during the 4th quarter worth about $42,000. Finally, Simplex Trading LLC boosted its holdings in shares of ProShares UltraShort QQQ by 179.3% during the 4th quarter. Simplex Trading LLC now owns 39,936 shares of the exchange traded fund’s stock worth $1,305,000 after buying an additional 25,636 shares during the period.
ProShares UltraShort QQQ Trading Down 2.2 %
Shares of QID opened at $34.72 on Friday. ProShares UltraShort QQQ has a 52 week low of $29.32 and a 52 week high of $50.45. The firm’s 50-day simple moving average is $37.07 and its 200 day simple moving average is $34.23.
ProShares UltraShort QQQ Company Profile
ProShares UltraShort QQQ (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization.
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