Hollencrest Capital Management trimmed its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) by 80.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,543 shares of the company's stock after selling 104,719 shares during the quarter. Hollencrest Capital Management's holdings in ProShares UltraPro Short QQQ were worth $795,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the stock. RBF Capital LLC lifted its holdings in ProShares UltraPro Short QQQ by 230.7% during the 3rd quarter. RBF Capital LLC now owns 1,671,427 shares of the company's stock worth $12,352,000 after purchasing an additional 1,166,014 shares during the last quarter. Smithfield Trust Co raised its holdings in shares of ProShares UltraPro Short QQQ by 138.8% during the 3rd quarter. Smithfield Trust Co now owns 764,000 shares of the company's stock worth $5,645,000 after buying an additional 444,000 shares in the last quarter. Sollinda Capital Management LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 4th quarter worth $13,933,000. Kovitz Investment Group Partners LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 3rd quarter worth $1,848,000. Finally, Barclays PLC grew its position in ProShares UltraPro Short QQQ by 157.8% during the 3rd quarter. Barclays PLC now owns 203,395 shares of the company's stock worth $1,503,000 after acquiring an additional 124,500 shares during the last quarter.
ProShares UltraPro Short QQQ Stock Performance
Shares of SQQQ stock opened at $38.80 on Wednesday. ProShares UltraPro Short QQQ has a twelve month low of $26.21 and a twelve month high of $64.95. The stock's fifty day simple moving average is $30.05 and its 200 day simple moving average is $33.64.
ProShares UltraPro Short QQQ Increases Dividend
The company 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 positive change from ProShares UltraPro Short QQQ's previous dividend of $0.75.
ProShares UltraPro Short QQQ Company 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.
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