SeaBridge Investment Advisors LLC raised its holdings in ProShares Short QQQ (NYSEARCA:PSQ) by 26.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,250 shares of the company’s stock after purchasing an additional 1,750 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in ProShares Short QQQ were worth $284,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Berkeley Capital Partners LLC boosted its stake in shares of ProShares Short QQQ by 23.2% during the 3rd quarter. Berkeley Capital Partners LLC now owns 167,732 shares of the company’s stock worth $4,908,000 after acquiring an additional 31,633 shares in the last quarter. Ballew Advisors Inc purchased a new stake in shares of ProShares Short QQQ during the 3rd quarter worth about $2,835,000. Wells Fargo & Company MN boosted its stake in shares of ProShares Short QQQ by 33.9% during the 3rd quarter. Wells Fargo & Company MN now owns 385,195 shares of the company’s stock worth $11,271,000 after acquiring an additional 97,607 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of ProShares Short QQQ during the 3rd quarter worth about $5,512,000. Finally, Dakota Wealth Management purchased a new stake in shares of ProShares Short QQQ during the 3rd quarter worth about $460,000.
PSQ stock opened at $31.44 on Friday. ProShares Short QQQ has a 52-week low of $28.99 and a 52-week high of $37.22.
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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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