Total Clarity Wealth Management Inc. Has $83,000 Position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Total Clarity Wealth Management Inc. lessened its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 69.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the company’s stock after selling 23,000 shares during the period. Total Clarity Wealth Management Inc.’s holdings in ProShares UltraPro Short QQQ were worth $83,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SQQQ. Annis Gardner Whiting Capital Advisors LLC raised its stake in ProShares UltraPro Short QQQ by 140.8% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,201 shares of the company’s stock valued at $30,000 after buying an additional 1,287 shares during the period. Game Plan Financial Advisors LLC raised its stake in ProShares UltraPro Short QQQ by 450.5% in the 1st quarter. Game Plan Financial Advisors LLC now owns 3,055 shares of the company’s stock valued at $32,000 after acquiring an additional 2,500 shares during the period. Cedar Wealth Management LLC lifted its holdings in ProShares UltraPro Short QQQ by 17.1% during the 1st quarter. Cedar Wealth Management LLC now owns 28,374 shares of the company’s stock valued at $297,000 after purchasing an additional 4,142 shares during the last quarter. PCG Wealth Advisors LLC boosted its position in ProShares UltraPro Short QQQ by 34.6% during the second quarter. PCG Wealth Advisors LLC now owns 17,500 shares of the company’s stock worth $145,000 after purchasing an additional 4,500 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of ProShares UltraPro Short QQQ in the second quarter valued at $41,000.

ProShares UltraPro Short QQQ Stock Performance

NASDAQ SQQQ opened at $8.30 on Tuesday. The firm has a 50-day moving average of $8.65 and a 200-day moving average of $9.63. ProShares UltraPro Short QQQ has a 52-week low of $7.14 and a 52-week high of $23.34.

ProShares UltraPro Short QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 26th were issued a dividend of $0.1605 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend was Wednesday, June 26th.

ProShares UltraPro Short QQQ Company Profile

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.