Axxcess Wealth Management LLC bought a new stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 100,948 shares of the company's stock, valued at approximately $3,144,000. Axxcess Wealth Management LLC owned approximately 0.15% of ProShares UltraPro Short QQQ at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in SQQQ. Centerpoint Advisors LLC boosted its holdings in shares of ProShares UltraPro Short QQQ by 20.0% during the 4th quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company's stock valued at $187,000 after buying an additional 1,000 shares in the last quarter. Peoples Bank KS purchased a new position in shares of ProShares UltraPro Short QQQ in the 4th quarter worth about $62,000. Horizon Kinetics Asset Management LLC raised its position in ProShares UltraPro Short QQQ by 6.2% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company's stock worth $486,000 after buying an additional 3,822 shares during the last quarter. World Investment Advisors LLC raised its position in ProShares UltraPro Short QQQ by 51.0% in the 3rd quarter. World Investment Advisors LLC now owns 28,000 shares of the company's stock worth $207,000 after buying an additional 9,463 shares during the last quarter. Finally, Schwallier Wealth Management LLC raised its position in ProShares UltraPro Short QQQ by 14.3% in the 3rd quarter. Schwallier Wealth Management LLC now owns 80,000 shares of the company's stock worth $591,000 after buying an additional 10,000 shares during the last quarter.
ProShares UltraPro Short QQQ Price Performance
Shares of NASDAQ SQQQ traded down $0.35 during midday trading on Friday, hitting $36.40. 68,268,934 shares of the company's stock traded hands, compared to its average volume of 39,776,906. ProShares UltraPro Short QQQ has a 1 year low of $26.21 and a 1 year high of $64.95. The firm has a fifty day moving average of $31.12 and a 200 day moving average of $33.51.
About ProShares UltraPro Short QQQ
(
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.
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