Lesa Sroufe & Co Raises Stock Position in ProShares Short QQQ (NYSEARCA:PSQ)

Lesa Sroufe & Co increased its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,069 shares of the company’s stock after purchasing an additional 3,425 shares during the period. ProShares Short QQQ makes up 1.7% of Lesa Sroufe & Co’s holdings, making the stock its 27th biggest position. Lesa Sroufe & Co owned approximately 1.59% of ProShares Short QQQ worth $1,788,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Jump Financial LLC acquired a new stake in ProShares Short QQQ during the fourth quarter valued at $21,274,000. Udine Wealth Management Inc. grew its position in ProShares Short QQQ by 266.0% during the first quarter. Udine Wealth Management Inc. now owns 1,509,250 shares of the company’s stock valued at $13,221,000 after buying an additional 1,096,888 shares during the period. Acute Investment Advisory LLC grew its position in ProShares Short QQQ by 5.1% during the fourth quarter. Acute Investment Advisory LLC now owns 1,165,195 shares of the company’s stock valued at $11,046,000 after buying an additional 56,441 shares during the period. IMC Chicago LLC acquired a new stake in ProShares Short QQQ during the first quarter valued at $9,151,000. Finally, TAP Consulting LLC grew its position in ProShares Short QQQ by 1.8% during the fourth quarter. TAP Consulting LLC now owns 969,889 shares of the company’s stock valued at $9,195,000 after buying an additional 16,752 shares during the period.

ProShares Short QQQ Stock Up 2.2 %

Shares of NYSEARCA PSQ traded up $0.86 during trading on Thursday, hitting $39.52. The company had a trading volume of 7,499,141 shares, compared to its average volume of 3,525,612. The stock has a fifty day simple moving average of $42.05 and a two-hundred day simple moving average of $44.35. ProShares Short QQQ has a fifty-two week low of $38.62 and a fifty-two week high of $57.24.

About ProShares Short QQQ

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.