ProShares UltraPro Short QQQ (NASDAQ:SQQQ)’s share price gapped down before the market opened on Friday . The stock had previously closed at $26.63, but opened at $26.08. ProShares UltraPro Short QQQ shares last traded at $25.27, with a volume of 11,445,383 shares traded.

The business has a fifty day moving average of $27.32 and a 200 day moving average of $32.12.

Large investors have recently added to or reduced their stakes in the business. Optimum Investment Advisors bought a new position in shares of ProShares UltraPro Short QQQ during the 3rd quarter worth approximately $65,000. Institutional & Family Asset Management LLC bought a new stake in ProShares UltraPro Short QQQ in the 2nd quarter valued at $83,000. Benchmark Financial Wealth Advisors LLC acquired a new stake in ProShares UltraPro Short QQQ during the 3rd quarter valued at $325,000. Virtu Financial LLC acquired a new stake in ProShares UltraPro Short QQQ during the 3rd quarter valued at $492,000. Finally, SG Americas Securities LLC lifted its holdings in ProShares UltraPro Short QQQ by 208.3% during the 3rd quarter. SG Americas Securities LLC now owns 18,500 shares of the company’s stock valued at $601,000 after purchasing an additional 12,500 shares during the last quarter.

ProShares UltraPro Short QQQ Company Profile (NASDAQ:SQQQ)

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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