Leuthold Group LLC purchased a new position in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 120,129 shares of the company’s stock, valued at approximately $2,982,000.
Several other institutional investors and hedge funds also recently made changes to their positions in PSQ. StoneX Group Inc. acquired a new position in shares of ProShares Short QQQ during the third quarter valued at about $969,000. Axiom Investment Management LLC bought a new stake in shares of ProShares Short QQQ in the third quarter valued at about $1,017,000. Lesa Sroufe & Co bought a new stake in shares of ProShares Short QQQ in the third quarter valued at about $2,775,000. Auour Investments LLC grew its position in ProShares Short QQQ by 10.1% during the third quarter. Auour Investments LLC now owns 15,116 shares of the company’s stock worth $375,000 after buying an additional 1,381 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in ProShares Short QQQ during the third quarter worth about $6,499,000.
ProShares Short QQQ Price Performance
PSQ stock opened at $27.16 on Wednesday. ProShares Short QQQ has a twelve month low of $24.09 and a twelve month high of $33.47. The business’s 50-day simple moving average is $25.64 and its 200 day simple moving average is $27.42.
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.
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