Brown Brothers Harriman & Co. lessened its stake in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 80.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,000 shares of the company’s stock after selling 16,000 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in ProShares Short QQQ were worth $162,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. ORG Partners LLC acquired a new position in ProShares Short QQQ in the second quarter worth $71,000. PNC Financial Services Group Inc. boosted its holdings in shares of ProShares Short QQQ by 85.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the company’s stock valued at $44,000 after buying an additional 2,130 shares during the period. HBK Sorce Advisory LLC bought a new stake in shares of ProShares Short QQQ during the 2nd quarter valued at about $202,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of ProShares Short QQQ during the 4th quarter valued at about $53,000. Finally, Auour Investments LLC acquired a new stake in ProShares Short QQQ during the first quarter worth about $90,000.
ProShares Short QQQ Stock Performance
Shares of PSQ stock opened at $41.50 on Thursday. The business has a 50 day moving average of $41.64 and a two-hundred day moving average of $42.76. ProShares Short QQQ has a 52 week low of $38.62 and a 52 week high of $57.24.
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.
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