RW Investment Management LLC purchased a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQ – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 12,730 shares of the company’s stock, valued at approximately $476,000.
A number of other institutional investors and hedge funds have also modified their holdings of PSQ. Stableford Capital II LLC purchased a new position in shares of ProShares Short QQQ during the fourth quarter valued at $12,091,000. AFG Fiduciary Services Limited Partnership grew its stake in ProShares Short QQQ by 347.6% in the fourth quarter. AFG Fiduciary Services Limited Partnership now owns 131,406 shares of the company’s stock valued at $4,871,000 after purchasing an additional 102,050 shares in the last quarter. SG Americas Securities LLC grew its stake in ProShares Short QQQ by 352.5% in the fourth quarter. SG Americas Securities LLC now owns 49,143 shares of the company’s stock valued at $1,838,000 after purchasing an additional 38,283 shares in the last quarter. Clarity Financial LLC purchased a new position in ProShares Short QQQ in the third quarter valued at about $1,490,000. Finally, Integrated Wealth Concepts LLC purchased a new position in ProShares Short QQQ in the third quarter valued at about $1,371,000.
ProShares Short QQQ Stock Performance
Shares of NYSEARCA PSQ opened at $35.67 on Thursday. The business’s 50-day moving average price is $36.72 and its two-hundred day moving average price is $38.80. ProShares Short QQQ has a one year low of $35.57 and a one 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.
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Want to see what other hedge funds are holding PSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short QQQ (NYSEARCA:PSQ – Free Report).
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