Integrated Advisors Network LLC Invests $1.14 Million in ProShares Short QQQ (NYSEARCA:PSQ)

Integrated Advisors Network LLC purchased a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 28,025 shares of the company’s stock, valued at approximately $1,139,000. Integrated Advisors Network LLC owned approximately 0.19% of ProShares Short QQQ at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. BNP Paribas Financial Markets purchased a new stake in ProShares Short QQQ during the 4th quarter valued at about $521,000. JPMorgan Chase & Co. lifted its stake in shares of ProShares Short QQQ by 62.4% in 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 in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of ProShares Short QQQ by 257.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 41,914 shares of the company’s stock valued at $1,568,000 after buying an additional 30,173 shares during the last quarter. One Plus One Wealth Management LLC increased its position in shares of ProShares Short QQQ by 65.2% during the first quarter. One Plus One Wealth Management LLC now owns 286,221 shares of the company’s stock valued at $11,629,000 after acquiring an additional 112,979 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in ProShares Short QQQ by 38.6% in the 4th quarter. OneDigital Investment Advisors LLC now owns 43,857 shares of the company’s stock worth $1,640,000 after acquiring an additional 12,210 shares during the last quarter.

ProShares Short QQQ Stock Performance

PSQ stock opened at $35.16 on Friday. ProShares Short QQQ has a 1-year low of $34.94 and a 1-year high of $46.98. The business has a fifty day moving average price of $38.32 and a 200-day moving average price of $38.01.

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.