Edmond DE Rothschild Holding S.A. lessened its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,000 shares of the company's stock after selling 8,000 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in ProShares UltraPro Short QQQ were worth $62,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of SQQQ. Peoples Bank KS acquired a new position in ProShares UltraPro Short QQQ in the 4th quarter valued at about $62,000. Centerpoint Advisors LLC grew its holdings in shares of ProShares UltraPro Short QQQ by 20.0% in the fourth quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company's stock valued at $187,000 after purchasing an additional 1,000 shares in the last quarter. Foundations Investment Advisors LLC purchased a new stake in ProShares UltraPro Short QQQ during the 4th quarter worth approximately $360,000. SBI Securities Co. Ltd. acquired a new stake in ProShares UltraPro Short QQQ during the 4th quarter worth approximately $423,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in ProShares UltraPro Short QQQ in the 4th quarter valued at approximately $439,000.
ProShares UltraPro Short QQQ Trading Down 2.2 %
Shares of NASDAQ SQQQ opened at $36.60 on Thursday. The business's fifty day simple moving average is $32.09 and its 200-day simple moving average is $32.96. ProShares UltraPro Short QQQ has a 12-month low of $26.21 and a 12-month high of $64.95.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a $0.4823 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date was Wednesday, March 26th.
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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