Ballew Advisors Inc Buys Shares of 35,530 ProShares Short QQQ $PSQ

Ballew Advisors Inc bought a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 35,530 shares of the company’s stock, valued at approximately $1,108,000. Ballew Advisors Inc owned 0.19% of ProShares Short QQQ as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Beacon Pointe Advisors LLC bought a new stake in shares of ProShares Short QQQ in the second quarter worth about $842,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of ProShares Short QQQ in the 2nd quarter valued at approximately $636,000. Lattice Capital Management LLC acquired a new position in shares of ProShares Short QQQ in the 2nd quarter valued at approximately $1,986,000. AFG Fiduciary Services Limited Partnership bought a new stake in ProShares Short QQQ during the 2nd quarter worth approximately $2,233,000. Finally, Squarepoint Ops LLC increased its stake in ProShares Short QQQ by 63.1% during the 2nd quarter. Squarepoint Ops LLC now owns 116,318 shares of the company’s stock worth $3,915,000 after purchasing an additional 44,998 shares in the last quarter.

ProShares Short QQQ Stock Down 1.5%

Shares of PSQ opened at $29.71 on Thursday. ProShares Short QQQ has a twelve month low of $29.34 and a twelve month high of $46.98. The firm’s 50 day moving average price is $30.43 and its two-hundred day moving average price is $32.02.

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.