Larson Financial Group LLC Boosts Stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Larson Financial Group LLC lifted its stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 369.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,116 shares of the company’s stock after purchasing an additional 1,665 shares during the period. Larson Financial Group LLC’s holdings in ProShares UltraPro Short QQQ were worth $28,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spire Wealth Management boosted its holdings in ProShares UltraPro Short QQQ by 86.7% in the 3rd quarter. Spire Wealth Management now owns 1,867 shares of the company’s stock worth $38,000 after buying an additional 867 shares during the period. Hoey Investments Inc. boosted its holdings in ProShares UltraPro Short QQQ by 100.0% in the 3rd quarter. Hoey Investments Inc. now owns 2,000 shares of the company’s stock worth $41,000 after buying an additional 1,000 shares during the period. Peoples Bank KS bought a new position in ProShares UltraPro Short QQQ in the 4th quarter worth $54,000. VitalStone Financial LLC boosted its holdings in ProShares UltraPro Short QQQ by 64.6% in the 3rd quarter. VitalStone Financial LLC now owns 5,225 shares of the company’s stock worth $107,000 after buying an additional 2,050 shares during the period. Finally, Avior Wealth Management LLC boosted its holdings in ProShares UltraPro Short QQQ by 100.0% in the 3rd quarter. Avior Wealth Management LLC now owns 6,000 shares of the company’s stock worth $123,000 after buying an additional 3,000 shares during the period.

ProShares UltraPro Short QQQ Stock Down 4.8 %

Shares of ProShares UltraPro Short QQQ stock opened at $11.43 on Friday. The company has a fifty day moving average of $11.07 and a 200 day moving average of $13.96. ProShares UltraPro Short QQQ has a fifty-two week low of $10.05 and a fifty-two week high of $31.19.

ProShares UltraPro Short QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were given a dividend of $0.164 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

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.