Signaturefd LLC lowered its stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) by 88.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,479 shares of the company's stock after selling 85,365 shares during the period. Signaturefd LLC's holdings in ProShares UltraPro Short QQQ were worth $357,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Peoples Bank KS bought a new position in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at $62,000. Centerpoint Advisors LLC grew its position in ProShares UltraPro Short QQQ by 20.0% in the fourth quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company's stock valued at $187,000 after acquiring an additional 1,000 shares during the last quarter. World Investment Advisors LLC raised its stake in ProShares UltraPro Short QQQ by 51.0% during 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. Foundations Investment Advisors LLC acquired a new position in ProShares UltraPro Short QQQ during the fourth quarter worth about $360,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at approximately $423,000.
ProShares UltraPro Short QQQ Price Performance
SQQQ stock traded up $1.34 during trading on Wednesday, reaching $34.86. 80,378,215 shares of the company were exchanged, compared to its average volume of 40,217,662. The company has a 50-day moving average of $31.18 and a two-hundred day moving average of $33.17. ProShares UltraPro Short QQQ has a twelve month low of $26.21 and a twelve month high of $64.95.
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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