Maltin Wealth Management Inc. trimmed its position in shares of ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 28.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,612 shares of the company’s stock after selling 2,641 shares during the quarter. Maltin Wealth Management Inc. owned about 0.05% of ProShares Short QQQ worth $247,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. HTLF Bank purchased a new stake in shares of ProShares Short QQQ during the third quarter valued at approximately $221,000. RiverTree Advisors LLC bought a new position in ProShares Short QQQ in the 4th quarter valued at approximately $222,000. Joule Financial LLC purchased a new stake in ProShares Short QQQ during the 3rd quarter valued at $234,000. Eastern Bank bought a new stake in shares of ProShares Short QQQ in the 3rd quarter worth $240,000. Finally, Resonant Capital Advisors LLC purchased a new position in shares of ProShares Short QQQ in the third quarter worth $248,000.
ProShares Short QQQ Stock Down 1.6 %
ProShares Short QQQ stock opened at $36.72 on Monday. ProShares Short QQQ has a one year low of $35.96 and a one year high of $47.60. The business’s fifty day moving average is $37.44 and its 200 day moving average is $39.48.
ProShares Short QQQ 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.
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