Capital Investment Advisory Services LLC acquired a new stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 76,248 shares of the company's stock, valued at approximately $2,374,000. Capital Investment Advisory Services LLC owned about 0.11% of ProShares UltraPro Short QQQ as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SQQQ. Peoples Bank KS acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter worth $62,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ProShares UltraPro Short QQQ during the 2nd quarter worth approximately $29,000. SG Americas Securities LLC raised its position in shares of 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 valued at $134,000 after buying an additional 3,679 shares during the period. Horizon Kinetics Asset Management LLC lifted its holdings in ProShares UltraPro Short QQQ by 6.2% in the third quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company's stock valued at $486,000 after acquiring an additional 3,822 shares during the last quarter. Finally, World Investment Advisors LLC increased its stake in ProShares UltraPro Short QQQ by 51.0% during the third quarter. World Investment Advisors LLC now owns 28,000 shares of the company's stock worth $207,000 after acquiring an additional 9,463 shares during the last quarter.
ProShares UltraPro Short QQQ Stock Up 1.6 %
SQQQ traded up $0.46 on Monday, hitting $29.49. The company had a trading volume of 81,095,954 shares, compared to its average volume of 56,102,844. The company's fifty day moving average price is $30.10 and its 200 day moving average price is $36.42. ProShares UltraPro Short QQQ has a 1 year low of $27.23 and a 1 year high of $64.95.
ProShares UltraPro Short QQQ Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.8168 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro Short QQQ's previous dividend of $0.75.
ProShares UltraPro Short QQQ Profile
(
Free Report)
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.
See Also
Before you consider ProShares UltraPro Short QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro Short QQQ wasn't on the list.
While ProShares UltraPro Short QQQ currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
