One Plus One Wealth Management LLC Acquires 171,757 Shares of ProShares Short QQQ $PSQ

One Plus One Wealth Management LLC boosted its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 64.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 436,318 shares of the company’s stock after acquiring an additional 171,757 shares during the quarter. ProShares Short QQQ accounts for about 6.1% of One Plus One Wealth Management LLC’s portfolio, making the stock its 3rd largest position. One Plus One Wealth Management LLC owned 2.50% of ProShares Short QQQ worth $13,177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PSQ. Range Financial Group LLC bought a new position in shares of ProShares Short QQQ during the fourth quarter valued at $369,000. Savior LLC bought a new stake in shares of ProShares Short QQQ in the fourth quarter worth $1,417,000. ORG Partners LLC grew its stake in shares of ProShares Short QQQ by 120.0% in the fourth quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock worth $31,000 after purchasing an additional 559 shares during the last quarter. Ballew Advisors Inc increased its holdings in ProShares Short QQQ by 10.3% in the fourth quarter. Ballew Advisors Inc now owns 39,194 shares of the company’s stock valued at $1,163,000 after purchasing an additional 3,664 shares during the period. Finally, CPR Investments Inc. acquired a new stake in ProShares Short QQQ in the fourth quarter valued at $257,000.

ProShares Short QQQ Stock Up 0.8%

Shares of NYSEARCA:PSQ opened at $33.31 on Tuesday. ProShares Short QQQ has a 12-month low of $29.24 and a 12-month high of $46.98. The business has a fifty day simple moving average of $30.85 and a 200 day simple moving average of $30.65.

ProShares Short QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be paid a $0.1536 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.61 annualized dividend and a dividend yield of 1.8%.

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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.