Headlands Technologies LLC Buys 22,793 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Headlands Technologies LLC raised its stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 177.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,634 shares of the company’s stock after acquiring an additional 22,793 shares during the quarter. Headlands Technologies LLC’s holdings in ProShares UltraPro Short QQQ were worth $479,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SQQQ. Avior Wealth Management LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 100.0% during the third quarter. Avior Wealth Management LLC now owns 6,000 shares of the company’s stock valued at $123,000 after acquiring an additional 3,000 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 51.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 64,712 shares of the company’s stock valued at $1,323,000 after acquiring an additional 22,006 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 59.3% during the third quarter. Commonwealth Equity Services LLC now owns 31,083 shares of the company’s stock valued at $635,000 after acquiring an additional 11,568 shares during the period. Hoey Investments Inc. raised its holdings in shares of ProShares UltraPro Short QQQ by 100.0% in the third quarter. Hoey Investments Inc. now owns 2,000 shares of the company’s stock valued at $41,000 after buying an additional 1,000 shares during the last quarter. Finally, Avaii Wealth Management LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 56.2% in the third quarter. Avaii Wealth Management LLC now owns 20,744 shares of the company’s stock valued at $424,000 after buying an additional 7,462 shares during the last quarter.

ProShares UltraPro Short QQQ Stock Performance

Shares of ProShares UltraPro Short QQQ stock traded down $0.57 during trading on Friday, reaching $11.43. The company’s stock had a trading volume of 137,289,047 shares, compared to its average volume of 138,346,656. The stock has a 50-day moving average price of $11.07 and a two-hundred day moving average price of $13.96. ProShares UltraPro Short QQQ has a one year low of $10.05 and a one year high of $31.19.

ProShares UltraPro Short QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were issued a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

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.