Nwam LLC Takes Position in ProShares UltraPro Short QQQ $SQQQ

Nwam LLC purchased a new position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 18,136 shares of the company’s stock, valued at approximately $1,460,000.

Several other large investors also recently bought and sold shares of the stock. Jump Financial LLC grew its holdings in shares of ProShares UltraPro Short QQQ by 291.5% during the third quarter. Jump Financial LLC now owns 558,887 shares of the company’s stock worth $8,512,000 after purchasing an additional 416,119 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the 2nd quarter valued at about $6,504,000. Goldman Sachs Group Inc. grew its stake in ProShares UltraPro Short QQQ by 42.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 290,209 shares of the company’s stock worth $19,879,000 after buying an additional 85,920 shares during the last quarter. IMC Chicago LLC acquired a new position in ProShares UltraPro Short QQQ during the fourth quarter worth approximately $15,090,000. Finally, JPMorgan Chase & Co. lifted its stake in ProShares UltraPro Short QQQ by 804.3% in the third quarter. JPMorgan Chase & Co. now owns 184,884 shares of the company’s stock valued at $2,816,000 after buying an additional 164,440 shares during the last quarter.

ProShares UltraPro Short QQQ Price Performance

SQQQ stock opened at $38.94 on Thursday. The business has a 50 day simple moving average of $40.07 and a 200-day simple moving average of $58.32. ProShares UltraPro Short QQQ has a twelve month low of $35.80 and a twelve month high of $98.85.

ProShares UltraPro Short QQQ Company 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.