ProShares Short QQQ (NYSEARCA:PSQ) is Reyes Financial Architecture Inc.’s 10th Largest Position

Reyes Financial Architecture Inc. trimmed its position in ProShares Short QQQ (NYSEARCA:PSQ) by 22.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,892 shares of the company’s stock after selling 31,379 shares during the quarter. ProShares Short QQQ makes up approximately 3.2% of Reyes Financial Architecture Inc.’s portfolio, making the stock its 10th biggest holding. Reyes Financial Architecture Inc. owned approximately 0.72% of ProShares Short QQQ worth $4,343,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Simplex Trading LLC boosted its stake in ProShares Short QQQ by 36.6% during the fourth quarter. Simplex Trading LLC now owns 455,468 shares of the company’s stock valued at $17,034,000 after buying an additional 121,932 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of ProShares Short QQQ by 62.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company’s stock valued at $167,000 after acquiring an additional 1,713 shares in the last quarter. Easterly Investment Partners LLC bought a new stake in shares of ProShares Short QQQ during the 4th quarter valued at about $262,000. Headlands Technologies LLC purchased a new position in shares of ProShares Short QQQ during the fourth quarter worth about $217,000. Finally, Advisory Services Network LLC grew its holdings in shares of ProShares Short QQQ by 11.0% during the fourth quarter. Advisory Services Network LLC now owns 179,296 shares of the company’s stock worth $6,706,000 after purchasing an additional 17,807 shares in the last quarter.

ProShares Short QQQ Stock Up 0.3%

Shares of PSQ opened at $33.59 on Friday. ProShares Short QQQ has a 1-year low of $33.35 and a 1-year high of $46.98. The firm’s 50 day simple moving average is $35.50 and its 200 day simple moving average is $37.60.

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.