Oppenheimer & Co. Inc. Sells 18,763 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

Oppenheimer & Co. Inc. trimmed its position in ProShares Short QQQ (NYSEARCA:PSQ) by 29.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,722 shares of the company’s stock after selling 18,763 shares during the period. Oppenheimer & Co. Inc. owned 0.37% of ProShares Short QQQ worth $1,710,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PSQ. 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 valued at $13,672,000 after purchasing an additional 10,810 shares during the last quarter. Stableford Capital II LLC purchased a new position in shares of ProShares Short QQQ during the fourth quarter valued at approximately $12,091,000. Leuthold Group LLC lifted its holdings in shares of ProShares Short QQQ by 1,230.3% during the fourth quarter. Leuthold Group LLC now owns 281,394 shares of the company’s stock valued at $10,524,000 after purchasing an additional 260,242 shares during the last quarter. AFG Fiduciary Services Limited Partnership grew its position in ProShares Short QQQ by 347.6% during the 4th quarter. AFG Fiduciary Services Limited Partnership now owns 131,406 shares of the company’s stock valued at $4,871,000 after purchasing an additional 102,050 shares during the last quarter. Finally, Hedges Asset Management LLC grew its position in ProShares Short QQQ by 3.5% during the 4th quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock valued at $3,579,000 after purchasing an additional 3,200 shares during the last quarter.

ProShares Short QQQ Price Performance

Shares of PSQ stock opened at $38.69 on Tuesday. ProShares Short QQQ has a one year low of $35.57 and a one year high of $47.24. The company’s 50-day moving average is $36.74 and its 200 day moving average is $38.46.

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.