17,105 Shares in ProShares UltraPro Short QQQ $SQQQ Acquired by Capstone Capital Management Ltd

Capstone Capital Management Ltd purchased a new position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,105 shares of the company’s stock, valued at approximately $1,172,000. ProShares UltraPro Short QQQ comprises 1.1% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of SQQQ. Parallel Advisors LLC raised its holdings in ProShares UltraPro Short QQQ by 105.4% during the third quarter. Parallel Advisors LLC now owns 1,992 shares of the company’s stock valued at $30,000 after buying an additional 1,022 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of ProShares UltraPro Short QQQ by 47.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock worth $42,000 after acquiring an additional 696 shares in the last quarter. Warren Street Wealth Advisors LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter worth about $206,000. Joule Financial LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at about $240,000. Finally, HighTower Advisors LLC raised its stake in shares of ProShares UltraPro Short QQQ by 143.7% in the 4th quarter. HighTower Advisors LLC now owns 4,193 shares of the company’s stock valued at $287,000 after acquiring an additional 13,790 shares in the last quarter.

ProShares UltraPro Short QQQ Price Performance

NASDAQ:SQQQ opened at $43.54 on Tuesday. The company’s 50 day moving average is $64.04 and its 200-day moving average is $67.25. ProShares UltraPro Short QQQ has a 12 month low of $40.68 and a 12 month high of $128.44.

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.