ProShares UltraPro Short QQQ $SQQQ Holdings Raised by Hamilton Wealth LLC

Hamilton Wealth LLC increased its position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 1,087.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 118,754 shares of the company’s stock after buying an additional 108,754 shares during the quarter. ProShares UltraPro Short QQQ comprises about 1.5% of Hamilton Wealth LLC’s holdings, making the stock its 22nd biggest position. Hamilton Wealth LLC’s holdings in ProShares UltraPro Short QQQ were worth $8,135,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SQQQ. Larson Financial Group LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at approximately $29,000. Parallel Advisors LLC raised its position 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 acquiring an additional 1,022 shares in the last quarter. Osaic Holdings Inc. raised its position in ProShares UltraPro Short QQQ by 47.2% during the second quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock valued at $42,000 after acquiring an additional 696 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in ProShares UltraPro Short QQQ in the third quarter worth approximately $63,000. Finally, Cedar Wealth Management LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 3rd quarter worth $152,000.

ProShares UltraPro Short QQQ Stock Performance

Shares of SQQQ opened at $36.75 on Friday. The company’s fifty day moving average is $47.06 and its 200-day moving average is $62.26. ProShares UltraPro Short QQQ has a 12 month low of $36.15 and a 12 month high of $115.80.

About ProShares UltraPro Short QQQ

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.