Jump Financial LLC Buys 163,655 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

Jump Financial LLC increased its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 94.8% in the fourth quarter, HoldingsChannel reports. The firm owned 336,335 shares of the company’s stock after buying an additional 163,655 shares during the period. Jump Financial LLC’s holdings in ProShares Short QQQ were worth $12,579,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in PSQ. Belpointe Asset Management LLC lifted its stake in shares of ProShares Short QQQ by 1.3% in the 4th quarter. Belpointe Asset Management LLC now owns 67,208 shares of the company’s stock valued at $2,756,000 after acquiring an additional 894 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of ProShares Short QQQ by 62.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company’s stock worth $167,000 after purchasing an additional 1,713 shares during the period. Atomi Financial Group Inc. boosted its position in shares of ProShares Short QQQ by 3.7% during the fourth quarter. Atomi Financial Group Inc. now owns 60,261 shares of the company’s stock valued at $2,254,000 after buying an additional 2,149 shares during the last quarter. Spire Wealth Management bought a new position in shares of ProShares Short QQQ in the fourth quarter valued at approximately $101,000. Finally, Hedges Asset Management LLC raised its holdings in shares of ProShares Short QQQ by 3.5% in the 4th quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock worth $3,579,000 after purchasing an additional 3,200 shares during the period.

ProShares Short QQQ Price Performance

Shares of ProShares Short QQQ stock opened at $40.81 on Tuesday. The company’s 50-day moving average price is $39.29 and its 200-day moving average price is $38.38. ProShares Short QQQ has a 12-month low of $35.57 and a 12-month high of $47.24.

ProShares Short QQQ Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.3415 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.