DRW Securities LLC purchased a new position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 101,321 shares of the company’s stock, valued at approximately $3,155,000. DRW Securities LLC owned 0.15% of ProShares UltraPro Short QQQ at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter worth approximately $2,922,000. Capital Investment Advisory Services LLC acquired a new stake in ProShares UltraPro Short QQQ in the 4th quarter worth $2,374,000. Mirae Asset Global Investments Co. Ltd. bought a new position in ProShares UltraPro Short QQQ in the fourth quarter worth $439,000. Compagnie Lombard Odier SCmA boosted its holdings in ProShares UltraPro Short QQQ by 3,357.5% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 16,596 shares of the company’s stock valued at $517,000 after purchasing an additional 16,116 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter worth about $423,000.
ProShares UltraPro Short QQQ Price Performance
SQQQ opened at $52.97 on Wednesday. ProShares UltraPro Short QQQ has a one year low of $26.21 and a one year high of $64.95. The company’s 50 day simple moving average is $34.19 and its 200-day simple moving average is $33.28.
ProShares UltraPro Short QQQ Cuts Dividend
About ProShares UltraPro Short QQQ
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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