ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Sold by Jump Financial LLC

Jump Financial LLC lessened its position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) by 59.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 456,868 shares of the company's stock after selling 675,738 shares during the quarter. Jump Financial LLC owned about 0.67% of ProShares UltraPro Short QQQ worth $14,227,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Peoples Bank KS purchased a new stake in ProShares UltraPro Short QQQ during the fourth quarter valued at $62,000. Centerpoint Advisors LLC increased its position 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 purchasing an additional 1,000 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in ProShares UltraPro Short QQQ in the fourth quarter worth $360,000. SBI Securities Co. Ltd. purchased a new position in ProShares UltraPro Short QQQ during the fourth quarter worth $423,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of ProShares UltraPro Short QQQ during the 4th quarter worth about $439,000.

ProShares UltraPro Short QQQ Trading Up 0.3 %

Shares of SQQQ traded up $0.10 during mid-day trading on Friday, reaching $38.64. 101,076,785 shares of the company's stock traded hands, compared to its average volume of 48,020,937. The stock's 50-day moving average is $35.64 and its two-hundred day moving average is $33.24. ProShares UltraPro Short QQQ has a 12 month low of $26.21 and a 12 month high of $64.65.

ProShares UltraPro Short QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.4823 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend was Wednesday, March 26th.

ProShares UltraPro Short QQQ Profile

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.