ProShares Short QQQ $PSQ Shares Bought by Lesa Sroufe & Co

Lesa Sroufe & Co grew its position in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 70.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 108,715 shares of the company’s stock after acquiring an additional 45,005 shares during the quarter. ProShares Short QQQ comprises about 2.4% of Lesa Sroufe & Co’s investment portfolio, making the stock its 18th largest holding. Lesa Sroufe & Co’s holdings in ProShares Short QQQ were worth $3,500,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets increased its holdings 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 worth $30,000 after acquiring an additional 849 shares during the period. ORG Partners LLC boosted its stake in ProShares Short QQQ by 120.0% during the 4th quarter. ORG Partners LLC now owns 1,025 shares of the company’s stock valued at $31,000 after purchasing an additional 559 shares during the period. Litman Gregory Wealth Management LLC bought a new position in ProShares Short QQQ in the 4th quarter worth about $51,000. Banque Cantonale Vaudoise bought a new position in ProShares Short QQQ in the 1st quarter worth about $104,000. Finally, Union Bancaire Privee UBP SA grew its position in ProShares Short QQQ by 66.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 5,000 shares of the company’s stock worth $151,000 after purchasing an additional 2,000 shares during the last quarter.

ProShares Short QQQ Stock Performance

Shares of NYSEARCA:PSQ opened at $25.89 on Friday. The firm’s 50 day moving average is $26.15 and its two-hundred day moving average is $29.01. ProShares Short QQQ has a 52 week low of $24.96 and a 52 week high of $33.89.

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.