D. Scott Neal Inc. lowered its stake in shares of ProShares Short QQQ (NYSEARCA:PSQ – Get Rating) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,241,680 shares of the company’s stock after selling 13,509 shares during the quarter. ProShares Short QQQ makes up about 37.5% of D. Scott Neal Inc.’s investment portfolio, making the stock its largest holding. D. Scott Neal Inc. owned approximately 4.62% of ProShares Short QQQ worth $77,158,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in PSQ. US Bancorp DE boosted its holdings in ProShares Short QQQ by 145.0% in the third quarter. US Bancorp DE now owns 1,715 shares of the company’s stock worth $26,000 after purchasing an additional 1,015 shares during the period. Global Trust Asset Management LLC acquired a new position in ProShares Short QQQ in the third quarter worth $37,000. Worth Asset Management LLC boosted its holdings in ProShares Short QQQ by 516.0% in the third quarter. Worth Asset Management LLC now owns 3,080 shares of the company’s stock worth $45,000 after purchasing an additional 2,580 shares during the period. Householder Group Estate & Retirement Specialist LLC acquired a new position in ProShares Short QQQ in the third quarter worth $52,000. Finally, Antonetti Capital Management LLC acquired a new position in ProShares Short QQQ in the third quarter worth $54,000.
ProShares Short QQQ Stock Up 0.5 %
ProShares Short QQQ stock opened at $12.90 on Friday. The company has a fifty day moving average price of $13.37 and a two-hundred day moving average price of $13.91. ProShares Short QQQ has a 12 month low of $11.27 and a 12 month high of $15.63.
About ProShares Short QQQ
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.
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