StoneX Group Inc. purchased a new position in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 36,612 shares of the company’s stock, valued at approximately $969,000. StoneX Group Inc. owned approximately 0.16% of ProShares Short QQQ as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Arkadios Wealth Advisors purchased a new position in shares of ProShares Short QQQ during the first quarter valued at about $9,522,000. Oppenheimer & Co. Inc. purchased a new stake in shares of ProShares Short QQQ in the third quarter worth about $6,499,000. Renaissance Technologies LLC purchased a new stake in shares of ProShares Short QQQ in the first quarter worth about $8,408,000. Financial Enhancement Group LLC bought a new position in ProShares Short QQQ during the third quarter valued at approximately $4,020,000. Finally, AFG Fiduciary Services Limited Partnership boosted its stake in ProShares Short QQQ by 99.8% during the second quarter. AFG Fiduciary Services Limited Partnership now owns 129,962 shares of the company’s stock valued at $3,365,000 after buying an additional 64,907 shares during the last quarter.
ProShares Short QQQ Stock Performance
NYSEARCA PSQ opened at $26.99 on Tuesday. The business has a 50 day simple moving average of $25.61 and a two-hundred day simple moving average of $27.43. ProShares Short QQQ has a 1-year low of $24.09 and a 1-year high of $33.47.
ProShares Short QQQ Company 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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.
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