Sunbelt Securities Inc. Decreases Position in ProShares Short QQQ (NYSEARCA:PSQ)

Sunbelt Securities Inc. decreased its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQGet Rating) by 36.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,481 shares of the company’s stock after selling 16,064 shares during the quarter. Sunbelt Securities Inc.’s holdings in ProShares Short QQQ were worth $410,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ancora Advisors LLC lifted its stake in ProShares Short QQQ by 15.4% during the first quarter. Ancora Advisors LLC now owns 7,494 shares of the company’s stock worth $104,000 after purchasing an additional 1,000 shares during the last quarter. US Bancorp DE lifted its stake in ProShares Short QQQ by 145.0% during the third quarter. US Bancorp DE now owns 1,715 shares of the company’s stock worth $26,000 after purchasing an additional 1,015 shares during the last quarter. Private Portfolio Partners LLC lifted its stake in ProShares Short QQQ by 10.3% during the third quarter. Private Portfolio Partners LLC now owns 16,993 shares of the company’s stock worth $254,000 after purchasing an additional 1,590 shares during the last quarter. Global Trust Asset Management LLC purchased a new stake in ProShares Short QQQ during the third quarter worth approximately $37,000. Finally, Worth Asset Management LLC lifted its stake in ProShares Short QQQ by 516.0% during the third quarter. Worth Asset Management LLC now owns 3,080 shares of the company’s stock worth $45,000 after purchasing an additional 2,580 shares during the last quarter.

ProShares Short QQQ Trading Down 2.7 %

Shares of NYSEARCA PSQ opened at $12.83 on Friday. ProShares Short QQQ has a twelve month low of $11.27 and a twelve month high of $15.63. The stock has a 50 day moving average of $13.40 and a two-hundred day moving average of $13.91.

About ProShares Short QQQ

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

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