ProShares Short QQQ (NYSEARCA:PSQ) Shares Sold by Private Harbour Investment Management & Counsel LLC

Private Harbour Investment Management & Counsel LLC reduced its position in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,625 shares of the company’s stock after selling 2,863 shares during the period. ProShares Short QQQ accounts for about 2.6% of Private Harbour Investment Management & Counsel LLC’s holdings, making the stock its 13th biggest holding. Private Harbour Investment Management & Counsel LLC owned approximately 0.51% of ProShares Short QQQ worth $2,342,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC purchased a new stake in ProShares Short QQQ in the third quarter valued at $580,000. Integrated Wealth Concepts LLC acquired a new stake in shares of ProShares Short QQQ during the 3rd quarter worth about $1,371,000. Eastern Bank raised its holdings in ProShares Short QQQ by 63.6% in the 4th quarter. Eastern Bank now owns 9,946 shares of the company’s stock valued at $372,000 after buying an additional 3,867 shares during the period. RiverTree Advisors LLC acquired a new position in ProShares Short QQQ in the fourth quarter valued at about $222,000. Finally, Atomi Financial Group Inc. boosted its stake in ProShares Short QQQ by 3.7% during the fourth quarter. Atomi Financial Group Inc. now owns 60,261 shares of the company’s stock worth $2,254,000 after buying an additional 2,149 shares during the period.

ProShares Short QQQ Trading Down 0.6 %

Shares of PSQ opened at $38.96 on Wednesday. The firm has a 50-day simple moving average of $37.68 and a two-hundred day simple moving average of $38.28. ProShares Short QQQ has a 1-year low of $35.57 and a 1-year high of $47.24.

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.