Oppenheimer & Co. Inc. Decreases Stock Position in ProShares Short QQQ $PSQ

Oppenheimer & Co. Inc. cut its holdings in ProShares Short QQQ (NYSEARCA:PSQ) by 79.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,471 shares of the company’s stock after selling 150,286 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in ProShares Short QQQ were worth $1,162,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of ProShares Short QQQ by 2,358.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock worth $30,000 after purchasing an additional 849 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of ProShares Short QQQ by 120.0% during the fourth quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock valued at $31,000 after purchasing an additional 559 shares in the last quarter. Union Bancaire Privee UBP SA boosted its position in shares of ProShares Short QQQ by 66.7% during the fourth quarter. Union Bancaire Privee UBP SA now owns 5,000 shares of the company’s stock valued at $151,000 after buying an additional 2,000 shares during the last quarter. Auour Investments LLC boosted its position in shares of ProShares Short QQQ by 15.6% during the third quarter. Auour Investments LLC now owns 7,652 shares of the company’s stock valued at $238,000 after buying an additional 1,030 shares during the last quarter. Finally, CPR Investments Inc. bought a new stake in ProShares Short QQQ in the 4th quarter worth about $257,000.

ProShares Short QQQ Price Performance

Shares of NYSEARCA:PSQ opened at $26.78 on Thursday. ProShares Short QQQ has a fifty-two week low of $26.77 and a fifty-two week high of $39.17. The business has a 50-day simple moving average of $30.42 and a two-hundred day simple moving average of $30.35.

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