RiverTree Advisors LLC Acquires Shares of 5,930 ProShares Short QQQ (NYSEARCA:PSQ)

RiverTree Advisors LLC bought a new position in shares of ProShares Short QQQ (NYSEARCA:PSQ) during the fourth quarter, HoldingsChannel reports. The fund bought 5,930 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors have also modified their holdings of the company. One Plus One Wealth Management LLC lifted its holdings in shares of ProShares Short QQQ by 3.2% during the third quarter. One Plus One Wealth Management LLC now owns 346,647 shares of the company’s stock worth $13,672,000 after purchasing an additional 10,810 shares during the period. Kaydan Wealth Management Inc. lifted its stake in shares of ProShares Short QQQ by 99.8% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock worth $11,307,000 after acquiring an additional 143,221 shares during the period. Mirador Capital Partners LP purchased a new stake in shares of ProShares Short QQQ in the third quarter valued at about $5,135,000. Hedges Asset Management LLC increased its stake in shares of ProShares Short QQQ by 37.9% during the third quarter. Hedges Asset Management LLC now owns 92,500 shares of the company’s stock worth $3,648,000 after acquiring an additional 25,400 shares during the period. Finally, Atomi Financial Group Inc. raised its holdings in ProShares Short QQQ by 4.3% during the third quarter. Atomi Financial Group Inc. now owns 58,112 shares of the company’s stock worth $2,292,000 after purchasing an additional 2,414 shares in the last quarter.

ProShares Short QQQ Stock Down 1.6 %

Shares of PSQ opened at $36.72 on Monday. The stock’s 50 day moving average is $37.44 and its two-hundred day moving average is $39.48. ProShares Short QQQ has a twelve month low of $35.96 and a twelve month high of $47.60.

ProShares Short QQQ 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.