Sykon Capital LLC Buys Shares of 321,480 ProShares Short QQQ (NYSEARCA:PSQ)

Sykon Capital LLC purchased a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 321,480 shares of the company’s stock, valued at approximately $3,501,000. ProShares Short QQQ accounts for about 1.5% of Sykon Capital LLC’s holdings, making the stock its 20th largest position. Sykon Capital LLC owned approximately 0.38% of ProShares Short QQQ as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. UBS Group AG boosted its stake in shares of ProShares Short QQQ by 581.2% during the 1st quarter. UBS Group AG now owns 1,590,115 shares of the company’s stock valued at $18,414,000 after buying an additional 1,356,697 shares during the period. One Plus One Wealth Management LLC purchased a new stake in shares of ProShares Short QQQ during the third quarter worth $12,601,000. Acute Investment Advisory LLC boosted its position in ProShares Short QQQ by 51.9% during the third quarter. Acute Investment Advisory LLC now owns 1,108,754 shares of the company’s stock valued at $12,074,000 after purchasing an additional 378,632 shares during the last quarter. Deane Retirement Strategies Inc. grew its stake in ProShares Short QQQ by 45,992.5% in the third quarter. Deane Retirement Strategies Inc. now owns 943,974 shares of the company’s stock valued at $10,280,000 after purchasing an additional 941,926 shares in the last quarter. Finally, Wakefield Asset Management LLLP increased its position in ProShares Short QQQ by 189.9% in the 2nd quarter. Wakefield Asset Management LLLP now owns 849,381 shares of the company’s stock worth $8,978,000 after purchasing an additional 556,342 shares during the last quarter.

ProShares Short QQQ Price Performance

Shares of PSQ remained flat at $8.94 during midday trading on Monday. The stock had a trading volume of 3,009,384 shares, compared to its average volume of 19,580,309. ProShares Short QQQ has a 52 week low of $8.92 and a 52 week high of $13.81. The business has a 50-day simple moving average of $9.51 and a 200 day simple moving average of $10.23.

About ProShares Short QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for ProShares Short QQQ (NYSEARCA:PSQ)

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