Headlands Technologies LLC Takes Position in ProShares Short QQQ (NYSEARCA:PSQ)

Headlands Technologies LLC purchased a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,662 shares of the company’s stock, valued at approximately $1,039,000. Headlands Technologies LLC owned approximately 0.21% of ProShares Short QQQ at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC bought a new position in ProShares Short QQQ in the 2nd quarter worth about $71,000. PNC Financial Services Group Inc. boosted its stake in ProShares Short QQQ by 85.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the company’s stock worth $44,000 after purchasing an additional 2,130 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new position in ProShares Short QQQ in the 4th quarter worth about $53,000. Auour Investments LLC bought a new position in ProShares Short QQQ in the 1st quarter worth about $90,000. Finally, BlueChip Wealth Advisors LLC bought a new position in ProShares Short QQQ in the 4th quarter worth about $183,000.

ProShares Short QQQ Trading Down 2.1 %

Shares of ProShares Short QQQ stock opened at $41.70 on Thursday. The firm’s 50-day moving average is $41.38 and its 200 day moving average is $42.89. ProShares Short QQQ has a 1 year low of $38.62 and a 1 year high of $57.24.

About ProShares Short QQQ

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.