12,962 Shares in ProShares Short QQQ (NYSEARCA:PSQ) Bought by Baird Financial Group Inc.

Baird Financial Group Inc. bought a new position in ProShares Short QQQ (NYSEARCA:PSQGet Rating) in the second quarter, Holdings Channel.com reports. The firm bought 12,962 shares of the company’s stock, valued at approximately $187,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PSQ. D. Scott Neal Inc. raised its stake in ProShares Short QQQ by 912.9% in the 2nd quarter. D. Scott Neal Inc. now owns 4,935,507 shares of the company’s stock worth $71,071,000 after acquiring an additional 4,448,234 shares during the last quarter. UBS Group AG grew its position in ProShares Short QQQ by 581.2% during the 1st quarter. UBS Group AG now owns 1,590,115 shares of the company’s stock worth $18,414,000 after purchasing an additional 1,356,697 shares during the period. HighTower Advisors LLC acquired a new stake in ProShares Short QQQ during the 1st quarter worth about $15,290,000. Paragon Wealth Strategies LLC acquired a new stake in ProShares Short QQQ during the 2nd quarter worth about $13,336,000. Finally, Compass Financial Group Inc. acquired a new stake in ProShares Short QQQ during the 2nd quarter worth about $11,437,000.

ProShares Short QQQ Stock Down 0.9 %

Shares of PSQ opened at $13.65 on Thursday. The business’s 50-day moving average is $14.36 and its two-hundred day moving average is $13.79. ProShares Short QQQ has a fifty-two week low of $10.65 and a fifty-two week high of $15.63.

ProShares Short QQQ Profile

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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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Want to see what other hedge funds are holding PSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short QQQ (NYSEARCA:PSQGet Rating).

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

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