ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) traded up 5.1% during trading on Tuesday . The stock traded as high as $37.91 and last traded at $37.85. 12,674,286 shares were traded during trading, a decline of 67% from the average session volume of 38,995,159 shares. The stock had previously closed at $36.02.
ProShares UltraPro Short QQQ Trading Down 1.0 %
The company's fifty day simple moving average is $31.12 and its 200 day simple moving average is $33.43.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
A number of institutional investors and hedge funds have recently modified their holdings of SQQQ. Centerpoint Advisors LLC increased its position 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 worth $187,000 after purchasing an additional 1,000 shares during the last quarter. Peoples Bank KS bought a new stake in shares of ProShares UltraPro Short QQQ during the fourth quarter valued at approximately $62,000. Horizon Kinetics Asset Management LLC boosted its position in shares of ProShares UltraPro Short QQQ by 6.2% during the third quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company's stock valued at $486,000 after purchasing an additional 3,822 shares in the last quarter. World Investment Advisors LLC boosted its holdings in ProShares UltraPro Short QQQ by 51.0% in the third quarter. World Investment Advisors LLC now owns 28,000 shares of the company's stock worth $207,000 after acquiring an additional 9,463 shares in the last quarter. Finally, Foundations Investment Advisors LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter worth $360,000.
ProShares UltraPro Short QQQ Company Profile
(
Get 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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