Planning Capital Management Corp reduced its position in shares of ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,600 shares of the company’s stock after selling 300 shares during the period. Planning Capital Management Corp’s holdings in ProShares Short QQQ were worth $103,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Wakefield Asset Management LLLP purchased a new position in ProShares Short QQQ in the 2nd quarter worth about $8,697,000. Kaydan Wealth Management Inc. increased its stake in ProShares Short QQQ by 99.8% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock worth $11,307,000 after purchasing an additional 143,221 shares in the last quarter. Mirador Capital Partners LP purchased a new position in ProShares Short QQQ in the 3rd quarter worth about $5,135,000. TAP Consulting LLC purchased a new position in ProShares Short QQQ in the 2nd quarter worth about $5,228,000. Finally, B. Riley Wealth Advisors Inc. increased its stake in ProShares Short QQQ by 29.9% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 431,457 shares of the company’s stock worth $3,780,000 after purchasing an additional 99,313 shares in the last quarter.
ProShares Short QQQ Stock Performance
Shares of NYSEARCA PSQ opened at $37.82 on Thursday. ProShares Short QQQ has a one year low of $37.57 and a one year high of $51.55. The business has a 50-day moving average price of $39.79 and a two-hundred day moving average price of $41.25.
ProShares Short QQQ Company 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.
Read More
- Five stocks we like better than ProShares Short QQQ
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Top 3 R&D-Driven Stocks Showing Strong Profit and Momentum
- 3 Stocks to Consider Buying in October
- Shopify Stock Rally Continues: Why the Growth Story Isn’t Over
- How Can Investors Benefit From After-Hours Trading
- Tariff Troubles: 3 Stocks Planning Higher Prices
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.
