Easterly Investment Partners LLC Makes New Investment in ProShares Short QQQ (NYSEARCA:PSQ)

Easterly Investment Partners LLC bought a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,000 shares of the company’s stock, valued at approximately $262,000. Easterly Investment Partners LLC owned 0.06% of ProShares Short QQQ at the end of the most recent reporting period.

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

ProShares Short QQQ Stock Performance

NYSEARCA:PSQ opened at $39.56 on Friday. ProShares Short QQQ has a fifty-two week low of $35.57 and a fifty-two week high of $47.24. The firm has a 50-day simple moving average of $37.77 and a two-hundred day simple moving average of $38.29.

ProShares Short QQQ Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be issued a $0.3415 dividend. The ex-dividend date is Wednesday, March 26th.

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.