Savior LLC Buys Shares of 46,924 ProShares Short QQQ $PSQ

Savior LLC purchased a new position in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 46,924 shares of the company’s stock, valued at approximately $1,417,000. ProShares Short QQQ accounts for about 5.1% of Savior LLC’s portfolio, making the stock its 9th biggest position. Savior LLC owned about 0.27% of ProShares Short QQQ as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. ORG Partners LLC increased its holdings in shares of ProShares Short QQQ by 120.0% during the fourth quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock valued at $31,000 after purchasing an additional 559 shares during the period. BNP Paribas Financial Markets lifted its holdings in ProShares Short QQQ by 2,358.3% in the second quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock worth $30,000 after purchasing an additional 849 shares during the period. Two Sigma Securities LLC grew its position in ProShares Short QQQ by 3.2% in the 2nd quarter. Two Sigma Securities LLC now owns 28,102 shares of the company’s stock valued at $946,000 after buying an additional 867 shares in the last quarter. PNC Financial Services Group Inc. grew its position in ProShares Short QQQ by 146.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the company’s stock valued at $51,000 after buying an additional 902 shares in the last quarter. Finally, Auour Investments LLC increased its stake in ProShares Short QQQ by 15.6% during the 3rd quarter. Auour Investments LLC now owns 7,652 shares of the company’s stock valued at $238,000 after buying an additional 1,030 shares during the period.

ProShares Short QQQ Stock Performance

PSQ stock opened at $33.31 on Tuesday. ProShares Short QQQ has a 52 week low of $29.24 and a 52 week high of $46.98. The firm’s 50-day moving average is $30.85 and its two-hundred day moving average is $30.65.

ProShares Short QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be paid a dividend of $0.1536 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, March 25th.

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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.