ProShares Short QQQ (NYSEARCA:PSQ) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. reduced its stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 88.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,081 shares of the company’s stock after selling 53,763 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.06% of ProShares Short QQQ worth $265,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. OneDigital Investment Advisors LLC increased its stake in ProShares Short QQQ by 2.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 31,647 shares of the company’s stock worth $1,248,000 after purchasing an additional 905 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of ProShares Short QQQ by 3.7% in the fourth quarter. Atomi Financial Group Inc. now owns 60,261 shares of the company’s stock worth $2,254,000 after acquiring an additional 2,149 shares in the last quarter. Spire Wealth Management purchased a new position in shares of ProShares Short QQQ in the fourth quarter worth approximately $101,000. Hedges Asset Management LLC raised its holdings in shares of ProShares Short QQQ by 3.5% during the fourth quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock valued at $3,579,000 after acquiring an additional 3,200 shares during the period. Finally, Eastern Bank lifted its position in shares of ProShares Short QQQ by 63.6% in the 4th quarter. Eastern Bank now owns 9,946 shares of the company’s stock valued at $372,000 after acquiring an additional 3,867 shares in the last quarter.

ProShares Short QQQ Trading Down 1.4 %

NYSEARCA PSQ opened at $35.85 on Friday. The firm’s 50 day moving average price is $36.86 and its two-hundred day moving average price is $39.03. ProShares Short QQQ has a twelve month low of $35.83 and a twelve month high of $47.24.

About ProShares Short QQQ

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.