Global Assets Advisory LLC acquired a new stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 71,027 shares of the company's stock, valued at approximately $548,000.
A number of other large investors have also modified their holdings of the company. Jane Street Group LLC lifted its position in shares of ProShares UltraPro Short QQQ by 378.6% during the 1st quarter. Jane Street Group LLC now owns 1,947,014 shares of the company's stock worth $20,405,000 after buying an additional 1,540,169 shares during the period. IMC Chicago LLC boosted its position in ProShares UltraPro Short QQQ by 113.4% in the second quarter. IMC Chicago LLC now owns 2,755,806 shares of the company's stock valued at $22,818,000 after buying an additional 1,464,325 shares in the last quarter. DRW Securities LLC bought a new position in shares of ProShares UltraPro Short QQQ in the second quarter valued at approximately $1,481,000. Raffles Associates LP grew its position in ProShares UltraPro Short QQQ by 250.0% during the 2nd quarter. Raffles Associates LP now owns 175,000 shares of the company's stock worth $1,449,000 after acquiring an additional 125,000 shares during the last quarter. Finally, Creative Planning increased its holdings in ProShares UltraPro Short QQQ by 150.1% during the 3rd quarter. Creative Planning now owns 115,582 shares of the company's stock valued at $854,000 after purchasing an additional 69,363 shares in the last quarter.
ProShares UltraPro Short QQQ Price Performance
Shares of SQQQ stock traded down $0.17 during trading hours on Thursday, hitting $7.24. 132,576,375 shares of the company's stock were exchanged, compared to its average volume of 144,931,094. ProShares UltraPro Short QQQ has a 52 week low of $6.93 and a 52 week high of $23.34. The stock's 50-day moving average is $7.93 and its 200-day moving average is $9.01.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.1495 per share. The ex-dividend date of this dividend was Wednesday, September 25th.
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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