Total Clarity Wealth Management Inc. Has $83,000 Holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Total Clarity Wealth Management Inc. decreased its holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 69.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,000 shares of the company’s stock after selling 23,000 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in ProShares UltraPro Short QQQ were worth $83,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SQQQ. Jane Street Group LLC boosted its stake in shares of ProShares UltraPro Short QQQ by 378.6% in the first quarter. Jane Street Group LLC now owns 1,947,014 shares of the company’s stock valued at $20,405,000 after buying an additional 1,540,169 shares during the period. IMC Chicago LLC lifted its position in shares of ProShares UltraPro Short QQQ by 113.4% during the 2nd quarter. IMC Chicago LLC now owns 2,755,806 shares of the company’s stock valued at $22,818,000 after acquiring an additional 1,464,325 shares during the period. Simplex Trading LLC grew its holdings in shares of ProShares UltraPro Short QQQ by 132.0% during the 1st quarter. Simplex Trading LLC now owns 833,229 shares of the company’s stock worth $8,732,000 after purchasing an additional 474,067 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of ProShares UltraPro Short QQQ by 318.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 229,110 shares of the company’s stock worth $3,082,000 after purchasing an additional 174,314 shares during the period. Finally, SG Americas Securities LLC raised its stake in ProShares UltraPro Short QQQ by 299.1% in the first quarter. SG Americas Securities LLC now owns 85,373 shares of the company’s stock valued at $895,000 after purchasing an additional 63,983 shares in the last quarter.

ProShares UltraPro Short QQQ Trading Up 1.6 %

Shares of ProShares UltraPro Short QQQ stock opened at $8.30 on Tuesday. ProShares UltraPro Short QQQ has a 12-month low of $7.14 and a 12-month high of $23.34. The firm’s 50-day moving average price is $8.65 and its two-hundred day moving average price is $9.63.

ProShares UltraPro Short QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were paid a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, June 26th. This represents a $0.64 dividend on an annualized basis and a yield of 7.73%.

ProShares UltraPro Short QQQ Company 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.