ProShares Short QQQ $PSQ Shares Newly Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 261,855 shares of the company’s stock, valued at approximately $6,499,000. Oppenheimer & Co. Inc. owned approximately 1.06% of ProShares Short QQQ at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PSQ. Citizens Financial Group Inc. RI acquired a new position in shares of ProShares Short QQQ during the 3rd quarter worth approximately $231,000. Vima LLC grew its position in shares of ProShares Short QQQ by 274.7% in the third quarter. Vima LLC now owns 2,342 shares of the company’s stock valued at $58,000 after purchasing an additional 1,717 shares in the last quarter. Financial Enhancement Group LLC purchased a new stake in shares of ProShares Short QQQ in the third quarter valued at approximately $4,020,000. Ballew Advisors Inc increased its holdings in shares of ProShares Short QQQ by 22.8% in the third quarter. Ballew Advisors Inc now owns 53,574 shares of the company’s stock valued at $1,314,000 after purchasing an additional 9,958 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in ProShares Short QQQ by 20.5% during the second quarter. Envestnet Asset Management Inc. now owns 20,788 shares of the company’s stock worth $521,000 after buying an additional 3,538 shares in the last quarter.

ProShares Short QQQ Trading Down 0.6%

Shares of ProShares Short QQQ stock opened at $25.36 on Thursday. ProShares Short QQQ has a one year low of $24.09 and a one year high of $33.47. The business’s 50 day moving average price is $25.44 and its 200 day moving average price is $27.55.

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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.