Integrated Advisors Network LLC Sells 3,700 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Integrated Advisors Network LLC lessened its holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 25.3% during the fourth quarter, HoldingsChannel reports. The fund owned 10,935 shares of the company’s stock after selling 3,700 shares during the quarter. Integrated Advisors Network LLC’s holdings in ProShares UltraPro Short QQQ were worth $147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 369.2% in the 4th quarter. Larson Financial Group LLC now owns 2,116 shares of the company’s stock worth $28,000 after acquiring an additional 1,665 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 140.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,201 shares of the company’s stock worth $30,000 after acquiring an additional 1,287 shares during the last quarter. Peoples Bank KS acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter worth about $54,000. VitalStone Financial LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 64.6% in the 3rd quarter. VitalStone Financial LLC now owns 5,225 shares of the company’s stock worth $107,000 after acquiring an additional 2,050 shares during the last quarter. Finally, Galibier Capital Management Ltd. acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter worth about $134,000.

ProShares UltraPro Short QQQ Stock Performance

SQQQ opened at $8.12 on Thursday. ProShares UltraPro Short QQQ has a fifty-two week low of $8.02 and a fifty-two week high of $23.34. The company’s 50-day moving average is $10.33 and its 200 day moving average is $11.62.

ProShares UltraPro Short QQQ Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.