ProShares Short QQQ (NYSEARCA:PSQ) Shares Acquired by Simplex Trading LLC

Simplex Trading LLC boosted its position in ProShares Short QQQ (NYSEARCA:PSQ) by 36.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 455,468 shares of the company’s stock after acquiring an additional 121,932 shares during the quarter. Simplex Trading LLC’s holdings in ProShares Short QQQ were worth $17,034,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in PSQ. HighTower Advisors LLC purchased a new position in ProShares Short QQQ in the third quarter valued at about $580,000. Integrated Wealth Concepts LLC purchased a new position in ProShares Short QQQ in the 3rd quarter valued at approximately $1,371,000. Eastern Bank raised its holdings in ProShares Short QQQ by 63.6% during the fourth quarter. Eastern Bank now owns 9,946 shares of the company’s stock worth $372,000 after purchasing an additional 3,867 shares during the last quarter. RiverTree Advisors LLC acquired a new position in ProShares Short QQQ during the fourth quarter worth $222,000. Finally, Atomi Financial Group Inc. boosted its position in ProShares Short QQQ by 3.7% during the fourth quarter. Atomi Financial Group Inc. now owns 60,261 shares of the company’s stock worth $2,254,000 after purchasing an additional 2,149 shares in the last quarter.

ProShares Short QQQ Trading Down 0.3 %

ProShares Short QQQ stock opened at $40.00 on Monday. ProShares Short QQQ has a 52 week low of $35.57 and a 52 week high of $47.24. The firm’s 50-day simple moving average is $37.64 and its 200 day simple moving average is $38.33.

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.