Vigilare Wealth Management Cuts Holdings in ProShares Short QQQ $PSQ

Vigilare Wealth Management trimmed its position in ProShares Short QQQ (NYSEARCA:PSQ) by 39.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,345 shares of the company’s stock after selling 20,995 shares during the quarter. Vigilare Wealth Management owned about 0.14% of ProShares Short QQQ worth $811,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in 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 buying an additional 849 shares during the last quarter. Two Sigma Securities LLC increased its stake in ProShares Short QQQ by 3.2% in the 2nd quarter. Two Sigma Securities LLC now owns 28,102 shares of the company’s stock worth $946,000 after acquiring an additional 867 shares during the last quarter. Auour Investments LLC raised its holdings in shares of ProShares Short QQQ by 14.3% during the 1st quarter. Auour Investments LLC now owns 12,646 shares of the company’s stock worth $407,000 after acquiring an additional 1,583 shares in the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of ProShares Short QQQ during the 4th quarter worth approximately $51,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of ProShares Short QQQ during the 1st quarter worth approximately $104,000.

ProShares Short QQQ Trading Down 1.8%

NYSEARCA PSQ opened at $26.36 on Tuesday. The stock has a 50 day moving average price of $25.93 and a 200-day moving average price of $28.44. ProShares Short QQQ has a one year low of $24.96 and a one year high of $33.56.

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.