Maltin Wealth Management Inc. Buys 17,015 Shares of ProShares Short QQQ $PSQ

Maltin Wealth Management Inc. grew its position in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 254.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,711 shares of the company’s stock after acquiring an additional 17,015 shares during the quarter. Maltin Wealth Management Inc.’s holdings in ProShares Short QQQ were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in shares of ProShares Short QQQ by 2,358.3% during the second quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock valued at $30,000 after purchasing an additional 849 shares in the last quarter. ORG Partners LLC grew its position in ProShares Short QQQ by 120.0% in the 4th quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock worth $31,000 after purchasing an additional 559 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in ProShares Short QQQ by 146.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the company’s stock valued at $51,000 after buying an additional 902 shares during the last quarter. Union Bancaire Privee UBP SA increased its stake in ProShares Short QQQ by 200.0% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 3,000 shares of the company’s stock valued at $93,000 after buying an additional 2,000 shares during the last quarter. Finally, Auour Investments LLC lifted its position in shares of ProShares Short QQQ by 15.6% during the 3rd quarter. Auour Investments LLC now owns 7,652 shares of the company’s stock worth $238,000 after buying an additional 1,030 shares in the last quarter.

ProShares Short QQQ Stock Performance

Shares of NYSEARCA PSQ opened at $32.19 on Wednesday. The stock’s 50 day moving average price is $30.89 and its 200-day moving average price is $30.65. ProShares Short QQQ has a twelve month low of $29.24 and a twelve month high of $46.98.

ProShares Short QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th were given a dividend of $0.1536 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.61 annualized dividend and a dividend yield of 1.9%.

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.