TAP Consulting LLC Has $3.31 Million Stock Holdings in ProShares Short QQQ (NYSEARCA:PSQ)

TAP Consulting LLC trimmed its position in ProShares Short QQQ (NYSEARCA:PSQ) by 34.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,035 shares of the company’s stock after selling 45,056 shares during the period. TAP Consulting LLC owned approximately 0.68% of ProShares Short QQQ worth $3,314,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Udine Wealth Management Inc. increased its stake in ProShares Short QQQ by 266.0% during the 1st quarter. Udine Wealth Management Inc. now owns 1,509,250 shares of the company’s stock worth $13,221,000 after purchasing an additional 1,096,888 shares in the last quarter. IMC Chicago LLC bought a new stake in ProShares Short QQQ during the 1st quarter worth approximately $9,151,000. Advisory Services Network LLC increased its stake in ProShares Short QQQ by 12.8% during the 1st quarter. Advisory Services Network LLC now owns 810,060 shares of the company’s stock worth $7,096,000 after purchasing an additional 91,650 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of ProShares Short QQQ by 0.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 631,080 shares of the company’s stock worth $5,528,000 after acquiring an additional 4,857 shares in the last quarter. Finally, Gunderson Capital Management Inc. grew its stake in shares of ProShares Short QQQ by 17.1% during the 1st quarter. Gunderson Capital Management Inc. now owns 625,540 shares of the company’s stock worth $5,480,000 after acquiring an additional 91,382 shares in the last quarter.

ProShares Short QQQ Price Performance

Shares of PSQ traded down $0.01 during mid-day trading on Friday, hitting $39.13. 1,658,642 shares of the company’s stock were exchanged, compared to its average volume of 3,804,268. ProShares Short QQQ has a 52 week low of $38.62 and a 52 week high of $57.24. The company has a 50-day simple moving average of $41.28 and a 200 day simple moving average of $42.26.

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.