Optiver Holding B.V. Buys 292,446 Shares of ProShares UltraPro Short QQQ $SQQQ

Optiver Holding B.V. increased its stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 1,685.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 309,795 shares of the company’s stock after buying an additional 292,446 shares during the period. Optiver Holding B.V. owned about 0.13% of ProShares UltraPro Short QQQ worth $4,718,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SQQQ. Goldman Sachs Group Inc. bought a new position in shares of ProShares UltraPro Short QQQ during the 1st quarter valued at approximately $7,668,000. Belvedere Trading LLC purchased a new position in ProShares UltraPro Short QQQ in the second quarter valued at approximately $249,000. SBI Securities Co. Ltd. grew its holdings in ProShares UltraPro Short QQQ by 20.3% during the second quarter. SBI Securities Co. Ltd. now owns 19,327 shares of the company’s stock valued at $378,000 after purchasing an additional 3,257 shares during the period. Creative Planning bought a new position in ProShares UltraPro Short QQQ during the second quarter valued at $1,986,000. Finally, JPMorgan Chase & Co. purchased a new stake in ProShares UltraPro Short QQQ in the second quarter worth $400,000.

ProShares UltraPro Short QQQ Stock Performance

Shares of SQQQ opened at $70.65 on Wednesday. ProShares UltraPro Short QQQ has a 1 year low of $61.72 and a 1 year high of $289.00. The stock’s fifty day moving average price is $68.19 and its two-hundred day moving average price is $73.61.

ProShares UltraPro Short QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were paid a $1.5055 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $6.02 dividend on an annualized basis and a yield of 8.5%. This is an increase from ProShares UltraPro Short QQQ’s previous quarterly dividend of $1.21.

ProShares UltraPro Short QQQ Company 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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.