POM Investment Strategies LLC trimmed its stake in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 19.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,660 shares of the company’s stock after selling 1,152 shares during the period. POM Investment Strategies LLC’s holdings in ProShares Short QQQ were worth $174,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in PSQ. Spire Wealth Management acquired a new stake in ProShares Short QQQ during the fourth quarter worth about $101,000. HTLF Bank bought a new stake in shares of ProShares Short QQQ in the 3rd quarter worth approximately $221,000. RiverTree Advisors LLC acquired a new stake in shares of ProShares Short QQQ during the 4th quarter worth approximately $222,000. Joule Financial LLC bought a new stake in shares of ProShares Short QQQ during the third quarter valued at approximately $234,000. Finally, Eastern Bank acquired a new position in shares of ProShares Short QQQ in the third quarter valued at $240,000.
ProShares Short QQQ Stock Down 1.2 %
Shares of PSQ stock opened at $36.30 on Tuesday. The stock has a fifty day moving average price of $36.90 and a 200 day moving average price of $39.09. ProShares Short QQQ has a one year low of $35.90 and a one year high of $47.24.
ProShares Short QQQ Profile
ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.
Featured Articles
- Five stocks we like better than ProShares Short QQQ
- EV Stocks and How to Profit from Them
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Dividend Capture Strategy: What You Need to Know
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding PSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short QQQ (NYSEARCA:PSQ – Free Report).
Receive News & Ratings for ProShares Short QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short QQQ and related companies with MarketBeat.com's FREE daily email newsletter.