Integrated Advisors Network LLC Has $147,000 Stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Integrated Advisors Network LLC decreased its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 25.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,935 shares of the company’s stock after selling 3,700 shares during the quarter. Integrated Advisors Network LLC’s holdings in ProShares UltraPro Short QQQ were worth $147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SQQQ. Jump Financial LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at about $21,670,000. IMC Chicago LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at about $12,115,000. Elevatus Welath Management acquired a new stake in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at about $10,428,000. B. Riley Financial Inc. acquired a new stake in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at about $8,176,000. Finally, Simplex Trading LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at about $4,830,000.

ProShares UltraPro Short QQQ Stock Down 0.1 %

NASDAQ:SQQQ opened at $8.12 on Thursday. The stock’s 50-day simple moving average is $10.33 and its 200 day simple moving average is $11.62. ProShares UltraPro Short QQQ has a 52-week low of $8.02 and a 52-week high of $23.34.

ProShares UltraPro Short QQQ 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.