Headlands Technologies LLC Acquires New Holdings in ProShares Short QQQ (NYSEARCA:PSQ)

Headlands Technologies LLC bought a new stake in ProShares Short QQQ (NYSEARCA:PSQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,804 shares of the company’s stock, valued at approximately $217,000.

Several other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of ProShares Short QQQ by 62.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company’s stock valued at $167,000 after acquiring an additional 1,713 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in ProShares Short QQQ by 3.7% during the 4th quarter. Atomi Financial Group Inc. now owns 60,261 shares of the company’s stock valued at $2,254,000 after purchasing an additional 2,149 shares in the last quarter. Spire Wealth Management acquired a new position in shares of ProShares Short QQQ during the 4th quarter valued at $101,000. Hedges Asset Management LLC raised its stake in shares of ProShares Short QQQ by 3.5% in the 4th quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock worth $3,579,000 after buying an additional 3,200 shares in the last quarter. Finally, Eastern Bank lifted its holdings in shares of ProShares Short QQQ by 63.6% in the fourth 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.

ProShares Short QQQ Stock Up 6.2 %

NYSEARCA:PSQ opened at $44.78 on Friday. The business’s 50-day moving average price is $38.38 and its 200 day moving average price is $38.28. ProShares Short QQQ has a 52-week low of $35.57 and a 52-week high of $47.24.

ProShares Short QQQ Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a $0.3415 dividend. The ex-dividend date was Wednesday, March 26th.

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.