Smithfield Trust Co Trims Stock Holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Smithfield Trust Co lowered its position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 94.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 45,100 shares of the company’s stock after selling 718,900 shares during the quarter. Smithfield Trust Co’s holdings in ProShares UltraPro Short QQQ were worth $1,404,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in ProShares UltraPro Short QQQ during the 4th quarter valued at approximately $423,000. Centerpoint Advisors LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 20.0% during the fourth quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company’s stock worth $187,000 after purchasing an additional 1,000 shares during the last quarter. Compagnie Lombard Odier SCmA lifted its position in ProShares UltraPro Short QQQ by 3,357.5% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 16,596 shares of the company’s stock valued at $517,000 after purchasing an additional 16,116 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in ProShares UltraPro Short QQQ during the fourth quarter valued at $439,000. Finally, Hodges Capital Management Inc. purchased a new stake in ProShares UltraPro Short QQQ in the fourth quarter valued at $623,000.

ProShares UltraPro Short QQQ Trading Up 1.1 %

NASDAQ SQQQ opened at $33.81 on Wednesday. The stock has a 50-day simple moving average of $29.28 and a two-hundred day simple moving average of $33.84. ProShares UltraPro Short QQQ has a fifty-two week low of $26.21 and a fifty-two week high of $64.95.

ProShares UltraPro Short QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.8168 per share. This is a boost from ProShares UltraPro Short QQQ’s previous dividend of $0.75. The ex-dividend date of this dividend was Monday, December 23rd.

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.