One Plus One Wealth Management LLC Sells 31,912 Shares of ProShares Short QQQ $PSQ

One Plus One Wealth Management LLC cut its holdings in ProShares Short QQQ (NYSEARCA:PSQ) by 10.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 264,561 shares of the company’s stock after selling 31,912 shares during the quarter. ProShares Short QQQ makes up 4.0% of One Plus One Wealth Management LLC’s portfolio, making the stock its 4th largest position. One Plus One Wealth Management LLC owned 1.40% of ProShares Short QQQ worth $8,212,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in ProShares Short QQQ by 2,358.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock worth $30,000 after buying an additional 849 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of ProShares Short QQQ in the second quarter worth about $34,000. PNC Financial Services Group Inc. lifted its position in shares of ProShares Short QQQ by 146.7% during the second quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the company’s stock worth $51,000 after purchasing an additional 902 shares in the last quarter. Avior Wealth Management LLC bought a new stake in shares of ProShares Short QQQ during the second quarter valued at approximately $207,000. Finally, Foundations Investment Advisors LLC increased its holdings in shares of ProShares Short QQQ by 15.0% in the second quarter. Foundations Investment Advisors LLC now owns 6,485 shares of the company’s stock valued at $218,000 after purchasing an additional 846 shares in the last quarter.

ProShares Short QQQ Stock Performance

PSQ stock opened at $29.72 on Friday. The company has a 50 day moving average price of $30.38 and a 200 day moving average price of $31.97. ProShares Short QQQ has a fifty-two week low of $29.34 and a fifty-two week high of $46.98.

ProShares Short QQQ Company 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.