ProShares UltraPro Short QQQ $SQQQ Shares Acquired by Hamilton Wealth LLC

Hamilton Wealth LLC boosted its stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 1,087.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,754 shares of the company’s stock after purchasing an additional 108,754 shares during the quarter. ProShares UltraPro Short QQQ makes up approximately 1.5% of Hamilton Wealth LLC’s holdings, making the stock its 22nd largest position. Hamilton Wealth LLC owned approximately 0.36% of ProShares UltraPro Short QQQ worth $8,135,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new stake in ProShares UltraPro Short QQQ in the fourth quarter worth about $29,000. Parallel Advisors LLC increased its stake in ProShares UltraPro Short QQQ by 105.4% during the 3rd quarter. Parallel Advisors LLC now owns 1,992 shares of the company’s stock valued at $30,000 after buying an additional 1,022 shares during the period. Osaic Holdings Inc. raised its position in shares of ProShares UltraPro Short QQQ by 47.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock worth $42,000 after buying an additional 696 shares in the last quarter. Warren Street Wealth Advisors LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter worth approximately $206,000. Finally, Joule Financial LLC bought a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter valued at approximately $240,000.

ProShares UltraPro Short QQQ Trading Down 7.0%

NASDAQ SQQQ opened at $36.75 on Friday. ProShares UltraPro Short QQQ has a 12 month low of $36.15 and a 12 month high of $115.80. The company’s 50 day simple moving average is $47.06 and its 200 day simple moving average is $62.26.

ProShares UltraPro Short QQQ Profile

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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.