Renaissance Technologies LLC bought a new position in shares of ProShares Short QQQ (NYSEARCA:PSQ – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 261,200 shares of the company’s stock, valued at approximately $8,408,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Financial Markets boosted its position in shares of ProShares Short QQQ by 2,358.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock valued at $30,000 after purchasing an additional 849 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in ProShares Short QQQ during the fourth quarter worth approximately $51,000. Banque Cantonale Vaudoise acquired a new position in ProShares Short QQQ during the first quarter worth approximately $104,000. Intellectus Partners LLC purchased a new stake in ProShares Short QQQ in the fourth quarter valued at approximately $208,000. Finally, Tevis Investment Management purchased a new stake in ProShares Short QQQ in the first quarter valued at approximately $241,000.
ProShares Short QQQ Price Performance
PSQ stock opened at $26.36 on Tuesday. ProShares Short QQQ has a twelve month low of $24.96 and a twelve month high of $33.56. The business has a 50 day simple moving average of $25.93 and a 200-day simple moving average of $28.44.
About ProShares Short QQQ
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.
Read More
- Five stocks we like better than ProShares Short QQQ
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding PSQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short QQQ (NYSEARCA:PSQ – Free Report).
Receive News & Ratings for ProShares Short QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
