WCG Wealth Advisors LLC Sells 137,932 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

WCG Wealth Advisors LLC lessened its position in ProShares Short QQQ (NYSEARCA:PSQ) by 84.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,269 shares of the company’s stock after selling 137,932 shares during the period. WCG Wealth Advisors LLC’s holdings in ProShares Short QQQ were worth $1,064,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Udine Wealth Management Inc. grew its holdings in ProShares Short QQQ by 266.0% in the 1st quarter. Udine Wealth Management Inc. now owns 1,509,250 shares of the company’s stock worth $13,221,000 after acquiring an additional 1,096,888 shares during the last quarter. IMC Chicago LLC bought a new stake in ProShares Short QQQ in the 1st quarter worth $9,151,000. Advisory Services Network LLC lifted its position in shares of ProShares Short QQQ by 12.8% in the 1st quarter. Advisory Services Network LLC now owns 810,060 shares of the company’s stock worth $7,096,000 after purchasing an additional 91,650 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of ProShares Short QQQ by 0.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 631,080 shares of the company’s stock worth $5,528,000 after purchasing an additional 4,857 shares during the period. Finally, Gunderson Capital Management Inc. lifted its position in shares of ProShares Short QQQ by 17.1% in the 1st quarter. Gunderson Capital Management Inc. now owns 625,540 shares of the company’s stock worth $5,480,000 after purchasing an additional 91,382 shares during the period.

ProShares Short QQQ Stock Down 2.5 %

NYSEARCA:PSQ opened at $40.46 on Friday. The company has a 50-day moving average price of $41.66 and a 200-day moving average price of $42.75. ProShares Short QQQ has a 12 month low of $38.62 and a 12 month 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.