Optiver Holding B.V. Sells 28,015 Shares of ProShares UltraPro Short QQQ $SQQQ

Optiver Holding B.V. cut its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 88.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,703 shares of the company’s stock after selling 28,015 shares during the period. Optiver Holding B.V.’s holdings in ProShares UltraPro Short QQQ were worth $298,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SQQQ. Parallel Advisors LLC increased its position in shares of ProShares UltraPro Short QQQ by 104.0% in the 1st quarter. Parallel Advisors LLC now owns 814 shares of the company’s stock valued at $66,000 after buying an additional 415 shares in the last quarter. Larson Financial Group LLC bought a new position in ProShares UltraPro Short QQQ during the fourth quarter worth about $29,000. Osaic Holdings Inc. grew its stake in ProShares UltraPro Short QQQ by 47.2% in 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 during the period. Sunbelt Securities Inc. acquired a new position in ProShares UltraPro Short QQQ in the fourth quarter valued at about $137,000. Finally, Quantinno Capital Management LP bought a new stake in shares of ProShares UltraPro Short QQQ in the first quarter worth about $201,000.

ProShares UltraPro Short QQQ Trading Down 0.1%

NASDAQ:SQQQ opened at $43.67 on Monday. The business’s 50-day simple moving average is $40.30 and its 200-day simple moving average is $56.39. ProShares UltraPro Short QQQ has a fifty-two week low of $35.80 and a fifty-two week high of $98.85.

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.