B. Riley Wealth Advisors Inc. decreased its stake in shares of ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 91.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,592 shares of the company’s stock after selling 392,865 shares during the period. B. Riley Wealth Advisors Inc. owned 0.31% of ProShares Short QQQ worth $1,592,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Lesa Sroufe & Co increased its holdings in shares of ProShares Short QQQ by 1.7% during the 1st quarter. Lesa Sroufe & Co now owns 204,069 shares of the company’s stock worth $1,788,000 after buying an additional 3,425 shares during the last quarter. ORG Partners LLC acquired a new stake in ProShares Short QQQ during the second quarter worth about $71,000. HBK Sorce Advisory LLC acquired a new stake in ProShares Short QQQ during the second quarter worth about $202,000. PNC Financial Services Group Inc. raised its holdings in shares of ProShares Short QQQ by 85.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the company’s stock worth $44,000 after purchasing an additional 2,130 shares during the period. Finally, Wakefield Asset Management LLLP acquired a new position in shares of ProShares Short QQQ in the 2nd quarter valued at about $8,697,000.
ProShares Short QQQ Price Performance
PSQ opened at $39.96 on Thursday. ProShares Short QQQ has a 1 year low of $38.62 and a 1 year high of $57.24. The firm has a 50 day moving average price of $41.63 and a 200 day moving average price of $42.45.
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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