Leuthold Group LLC purchased a new stake in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 120,129 shares of the company’s stock, valued at approximately $2,982,000. Leuthold Group LLC owned about 0.48% of ProShares Short QQQ as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also made changes to their positions in the company. StoneX Group Inc. bought a new stake in ProShares Short QQQ during the 3rd quarter valued at approximately $969,000. Axiom Investment Management LLC bought a new position in ProShares Short QQQ in the 3rd quarter worth approximately $1,017,000. Lesa Sroufe & Co bought a new position in ProShares Short QQQ in the 3rd quarter worth approximately $2,775,000. Auour Investments LLC increased its position in ProShares Short QQQ by 10.1% in the 3rd quarter. Auour Investments LLC now owns 15,116 shares of the company’s stock worth $375,000 after buying an additional 1,381 shares during the period. Finally, Oppenheimer & Co. Inc. acquired a new position in shares of ProShares Short QQQ during the third quarter worth approximately $6,499,000.
ProShares Short QQQ Trading Up 0.6%
Shares of PSQ stock opened at $27.16 on Wednesday. ProShares Short QQQ has a 12 month low of $24.09 and a 12 month high of $33.47. The stock has a 50 day moving average of $25.64 and a 200-day moving average of $27.42.
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.
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