Legacy Capital Wealth Partners LLC Invests $161,000 in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Legacy Capital Wealth Partners LLC acquired a new stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,000 shares of the company’s stock, valued at approximately $161,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevatus Welath Management purchased a new position in shares of ProShares UltraPro Short QQQ in the third quarter valued at $10,428,000. B. Riley Financial Inc. purchased a new position in ProShares UltraPro Short QQQ during the 3rd quarter valued at about $8,176,000. Simplex Trading LLC acquired a new position in ProShares UltraPro Short QQQ during the fourth quarter worth about $4,830,000. Peregrine Asset Advisers Inc. lifted its holdings in shares of ProShares UltraPro Short QQQ by 157.2% in the third quarter. Peregrine Asset Advisers Inc. now owns 187,065 shares of the company’s stock valued at $3,824,000 after purchasing an additional 114,343 shares in the last quarter. Finally, Banque Cantonale Vaudoise grew its position in shares of ProShares UltraPro Short QQQ by 15.4% in the third quarter. Banque Cantonale Vaudoise now owns 134,468 shares of the company’s stock valued at $2,747,000 after purchasing an additional 17,973 shares during the last quarter.

ProShares UltraPro Short QQQ Price Performance

Shares of SQQQ opened at $11.31 on Tuesday. ProShares UltraPro Short QQQ has a 1-year low of $10.05 and a 1-year high of $31.09. The firm has a 50 day simple moving average of $11.07 and a 200-day simple moving average of $13.84.

ProShares UltraPro Short QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 27th. Shareholders 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.