Tower Research Capital LLC TRC Boosts Stock Holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Tower Research Capital LLC TRC raised its holdings in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQFree Report) by 318.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 229,110 shares of the company’s stock after purchasing an additional 174,314 shares during the period. Tower Research Capital LLC TRC owned 0.09% of ProShares UltraPro Short QQQ worth $3,082,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SQQQ. Jump Financial LLC purchased a new position in ProShares UltraPro Short QQQ during the 4th quarter valued at about $21,670,000. IMC Chicago LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at about $12,115,000. Elevatus Welath Management bought a new stake in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at about $10,428,000. B. Riley Financial Inc. bought a new stake in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at about $8,176,000. Finally, Simplex Trading LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at about $4,830,000.

ProShares UltraPro Short QQQ Stock Performance

NASDAQ:SQQQ opened at $9.32 on Friday. ProShares UltraPro Short QQQ has a fifty-two week low of $9.16 and a fifty-two week high of $23.34. The company’s 50-day simple moving average is $10.70 and its 200-day simple moving average is $12.10.

ProShares UltraPro Short QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a $0.164 dividend. The ex-dividend date was Wednesday, March 20th.

About ProShares UltraPro Short QQQ

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

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