Venture Visionary Partners LLC bought a new stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,450 shares of the company’s stock, valued at approximately $144,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL acquired a new stake in ProShares UltraPro Short QQQ during the 2nd quarter worth about $29,000. SG Americas Securities LLC grew its position in ProShares UltraPro Short QQQ by 25.5% during the 3rd quarter. SG Americas Securities LLC now owns 18,090 shares of the company’s stock worth $134,000 after purchasing an additional 3,679 shares during the period. Cedar Wealth Management LLC grew its position in ProShares UltraPro Short QQQ by 17.1% during the 1st quarter. Cedar Wealth Management LLC now owns 28,374 shares of the company’s stock worth $297,000 after purchasing an additional 4,142 shares during the period. PCG Wealth Advisors LLC grew its position in ProShares UltraPro Short QQQ by 34.6% during the 2nd quarter. PCG Wealth Advisors LLC now owns 17,500 shares of the company’s stock worth $145,000 after purchasing an additional 4,500 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in ProShares UltraPro Short QQQ during the 2nd quarter worth about $41,000.
ProShares UltraPro Short QQQ Stock Up 4.8 %
Shares of SQQQ opened at $7.41 on Thursday. The business’s 50-day moving average is $7.93 and its two-hundred day moving average is $9.01. ProShares UltraPro Short QQQ has a fifty-two week low of $6.93 and a fifty-two week high of $23.34.
ProShares UltraPro Short QQQ Cuts Dividend
About ProShares UltraPro Short QQQ
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.
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