Headlands Technologies LLC Buys Shares of 5,804 ProShares Short QQQ (NYSEARCA:PSQ)

Headlands Technologies LLC purchased a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,804 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also modified their holdings of PSQ. Simplex Trading LLC lifted its holdings in ProShares Short QQQ by 36.6% in the fourth quarter. Simplex Trading LLC now owns 455,468 shares of the company’s stock worth $17,034,000 after acquiring an additional 121,932 shares during the last quarter. Stableford Capital II LLC bought a new position in ProShares Short QQQ during the 4th quarter worth $12,091,000. Leuthold Group LLC increased its position in ProShares Short QQQ by 1,230.3% in the fourth quarter. Leuthold Group LLC now owns 281,394 shares of the company’s stock worth $10,524,000 after buying an additional 260,242 shares during the period. AFG Fiduciary Services Limited Partnership increased its position in ProShares Short QQQ by 347.6% in the fourth quarter. AFG Fiduciary Services Limited Partnership now owns 131,406 shares of the company’s stock worth $4,871,000 after buying an additional 102,050 shares during the period. Finally, Hedges Asset Management LLC lifted its stake in ProShares Short QQQ by 3.5% in the fourth quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock valued at $3,579,000 after buying an additional 3,200 shares during the last quarter.

ProShares Short QQQ Stock Performance

ProShares Short QQQ stock opened at $44.78 on Friday. ProShares Short QQQ has a one year low of $35.57 and a one year high of $47.24. The company has a 50-day simple moving average of $38.38 and a 200-day simple moving average of $38.28.

ProShares Short QQQ Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were paid a $0.3415 dividend. The ex-dividend date was Wednesday, March 26th.

ProShares Short QQQ Company Profile

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.