AFG Fiduciary Services Limited Partnership Sells 11,926 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

AFG Fiduciary Services Limited Partnership trimmed its stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 33.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,204 shares of the company’s stock after selling 11,926 shares during the quarter. AFG Fiduciary Services Limited Partnership’s holdings in ProShares UltraPro Short QQQ were worth $166,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Game Plan Financial Advisors LLC increased its position in shares of ProShares UltraPro Short QQQ by 450.5% during the first quarter. Game Plan Financial Advisors LLC now owns 3,055 shares of the company’s stock valued at $32,000 after acquiring an additional 2,500 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of ProShares UltraPro Short QQQ in the 2nd quarter worth $29,000. SG Americas Securities LLC raised its stake in shares of ProShares UltraPro Short QQQ by 25.5% in the third quarter. SG Americas Securities LLC now owns 18,090 shares of the company’s stock worth $134,000 after purchasing an additional 3,679 shares during the last quarter. Cedar Wealth Management LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 17.1% during the first quarter. Cedar Wealth Management LLC now owns 28,374 shares of the company’s stock valued at $297,000 after purchasing an additional 4,142 shares in the last quarter. Finally, PCG Wealth Advisors LLC boosted its position in shares of ProShares UltraPro Short QQQ by 34.6% during the second quarter. PCG Wealth Advisors LLC now owns 17,500 shares of the company’s stock valued at $145,000 after buying an additional 4,500 shares during the last quarter.

ProShares UltraPro Short QQQ Trading Up 4.1 %

NASDAQ SQQQ opened at $7.28 on Wednesday. ProShares UltraPro Short QQQ has a one year low of $6.93 and a one year high of $23.34. The stock has a 50-day moving average of $8.22 and a 200 day moving average of $9.15.

ProShares UltraPro Short QQQ Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were paid a $0.1495 dividend. The ex-dividend date was Wednesday, September 25th.

About ProShares UltraPro Short QQQ

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.