Signaturefd LLC reduced its stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) by 46.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,844 shares of the company's stock after selling 84,780 shares during the quarter. Signaturefd LLC's holdings in ProShares UltraPro Short QQQ were worth $716,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ProShares UltraPro Short QQQ during the second quarter worth $29,000. International Assets Investment Management LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 2nd quarter valued at about $41,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of ProShares UltraPro Short QQQ by 438.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 8,080 shares of the company's stock worth $85,000 after acquiring an additional 6,580 shares during the period. Jeppson Wealth Management LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the second quarter worth approximately $88,000. Finally, Camarda Financial Advisors LLC purchased a new stake in ProShares UltraPro Short QQQ in the first quarter valued at approximately $107,000.
ProShares UltraPro Short QQQ Stock Performance
NASDAQ:SQQQ traded down $0.13 during trading hours on Friday, reaching $7.11. 221,984,232 shares of the company were exchanged, compared to its average volume of 145,313,938. ProShares UltraPro Short QQQ has a 52-week low of $6.89 and a 52-week high of $23.34. The stock has a 50 day simple moving average of $7.89 and a 200 day simple moving average of $8.97.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued a $0.1495 dividend. The ex-dividend date 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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