Embree Financial Group Boosts Stock Holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Embree Financial Group lifted its holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 50.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,135 shares of the company’s stock after acquiring an additional 16,528 shares during the period. Embree Financial Group’s holdings in ProShares UltraPro Short QQQ were worth $363,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Creative Planning increased its position in shares of ProShares UltraPro Short QQQ by 150.1% in the third quarter. Creative Planning now owns 115,582 shares of the company’s stock worth $854,000 after acquiring an additional 69,363 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of ProShares UltraPro Short QQQ in the third quarter worth $169,000. SG Americas Securities LLC increased its position in shares of ProShares UltraPro Short QQQ by 25.5% in the third quarter. SG Americas Securities LLC now owns 18,090 shares of the company’s stock worth $134,000 after acquiring an additional 3,679 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ProShares UltraPro Short QQQ in the second quarter worth $29,000. Finally, Raffles Associates LP increased its position in shares of ProShares UltraPro Short QQQ by 250.0% in the second quarter. Raffles Associates LP now owns 175,000 shares of the company’s stock worth $1,449,000 after acquiring an additional 125,000 shares in the last quarter.

ProShares UltraPro Short QQQ Price Performance

ProShares UltraPro Short QQQ stock opened at $7.13 on Friday. ProShares UltraPro Short QQQ has a 52-week low of $6.93 and a 52-week high of $23.34. The firm has a fifty day moving average of $8.05 and a 200-day moving average of $9.10.

ProShares UltraPro Short QQQ Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued a dividend of $0.1495 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

About ProShares UltraPro Short QQQ

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.