Canal Insurance CO acquired a new position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 50,000 shares of the company's stock, valued at approximately $1,917,000. Canal Insurance CO owned 0.07% of ProShares UltraPro Short QQQ at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of SQQQ. CWA Asset Management Group LLC purchased a new stake in ProShares UltraPro Short QQQ in the first quarter worth $357,000. Robertson Stephens Wealth Management LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the 1st quarter valued at approximately $2,698,000. PayPay Securities Corp boosted its position in shares of ProShares UltraPro Short QQQ by 85.9% during the first quarter. PayPay Securities Corp now owns 1,556 shares of the company's stock valued at $60,000 after purchasing an additional 719 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the first quarter valued at approximately $17,319,000. Finally, Parallel Advisors LLC purchased a new stake in ProShares UltraPro Short QQQ in the first quarter worth $27,000.
ProShares UltraPro Short QQQ Price Performance
Shares of ProShares UltraPro Short QQQ stock opened at $20.11 on Friday. ProShares UltraPro Short QQQ has a 12 month low of $19.92 and a 12 month high of $57.95. The business has a fifty day simple moving average of $25.97 and a two-hundred day simple moving average of $30.33.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Wednesday, June 25th will be given a $0.2566 dividend. This represents a $1.03 annualized dividend and a dividend yield of 5.10%. The ex-dividend date of this dividend is Wednesday, June 25th.
ProShares UltraPro Short QQQ Profile
(
Free Report)
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.
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