76,248 Shares in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Acquired by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC purchased a new stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 76,248 shares of the company’s stock, valued at approximately $2,374,000. Capital Investment Advisory Services LLC owned about 0.11% of ProShares UltraPro Short QQQ as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Peoples Bank KS acquired a new position in ProShares UltraPro Short QQQ in the 4th quarter valued at $62,000. Strategic Investment Solutions Inc. IL bought a new stake in ProShares UltraPro Short QQQ during the second quarter valued at about $29,000. SG Americas Securities LLC boosted its holdings in ProShares UltraPro Short QQQ by 25.5% during the third quarter. SG Americas Securities LLC now owns 18,090 shares of the company’s stock valued at $134,000 after acquiring an additional 3,679 shares during the period. Horizon Kinetics Asset Management LLC grew its position in shares of ProShares UltraPro Short QQQ by 6.2% in the third quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company’s stock valued at $486,000 after purchasing an additional 3,822 shares during the last quarter. Finally, World Investment Advisors LLC increased its stake in shares of ProShares UltraPro Short QQQ by 51.0% in the third quarter. World Investment Advisors LLC now owns 28,000 shares of the company’s stock worth $207,000 after purchasing an additional 9,463 shares during the period.

ProShares UltraPro Short QQQ Price Performance

NASDAQ SQQQ opened at $29.23 on Thursday. The stock has a 50-day simple moving average of $30.28 and a 200 day simple moving average of $36.56. ProShares UltraPro Short QQQ has a twelve month low of $27.23 and a twelve month high of $64.95.

ProShares UltraPro Short QQQ Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8168 dividend. This is a boost from ProShares UltraPro Short QQQ’s previous dividend of $0.75. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares UltraPro Short QQQ Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.