One Plus One Wealth Management LLC Boosts Position in ProShares Short QQQ $PSQ

One Plus One Wealth Management LLC grew its stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 22.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 533,840 shares of the company’s stock after buying an additional 97,522 shares during the period. ProShares Short QQQ accounts for 7.2% of One Plus One Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. One Plus One Wealth Management LLC’s holdings in ProShares Short QQQ were worth $17,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in ProShares Short QQQ by 2,358.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock worth $30,000 after acquiring an additional 849 shares in the last quarter. ORG Partners LLC raised its stake in ProShares Short QQQ by 120.0% during the 4th quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock worth $31,000 after acquiring an additional 559 shares during the period. Litman Gregory Wealth Management LLC purchased a new position in ProShares Short QQQ during the fourth quarter valued at approximately $51,000. Banque Cantonale Vaudoise purchased a new position in ProShares Short QQQ during the first quarter valued at approximately $104,000. Finally, Union Bancaire Privee UBP SA lifted its holdings in ProShares Short QQQ by 66.7% during the fourth quarter. Union Bancaire Privee UBP SA now owns 5,000 shares of the company’s stock valued at $151,000 after purchasing an additional 2,000 shares in the last quarter.

ProShares Short QQQ Trading Down 0.4%

PSQ opened at $25.95 on Thursday. The company has a 50 day simple moving average of $26.61 and a two-hundred day simple moving average of $29.22. ProShares Short QQQ has a 1-year low of $24.96 and a 1-year high of $34.40.

ProShares Short QQQ Company 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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.