HighTower Advisors LLC Acquires Shares of 14,717 ProShares Short QQQ (NYSEARCA:PSQ)

HighTower Advisors LLC bought a new position in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 14,717 shares of the company’s stock, valued at approximately $580,000. HighTower Advisors LLC owned 0.12% of ProShares Short QQQ at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PSQ. One Plus One Wealth Management LLC raised its position in ProShares Short QQQ by 3.2% during the 3rd quarter. One Plus One Wealth Management LLC now owns 346,647 shares of the company’s stock valued at $13,672,000 after purchasing an additional 10,810 shares during the last quarter. Kaydan Wealth Management Inc. raised its holdings in shares of ProShares Short QQQ by 99.8% during the third quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock valued at $11,307,000 after acquiring an additional 143,221 shares in the last quarter. Wakefield Asset Management LLLP purchased a new stake in ProShares Short QQQ in the second quarter worth $8,697,000. Mirador Capital Partners LP bought a new stake in ProShares Short QQQ in the third quarter valued at $5,135,000. Finally, TAP Consulting LLC purchased a new position in ProShares Short QQQ during the 2nd quarter valued at $5,228,000.

ProShares Short QQQ Stock Performance

Shares of NYSEARCA PSQ opened at $37.87 on Friday. The firm has a fifty day simple moving average of $38.31 and a two-hundred day simple moving average of $40.15. ProShares Short QQQ has a 12 month low of $36.13 and a 12 month high of $49.10.

ProShares Short QQQ Company Profile

ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.