ProShares Short QQQ $PSQ Stake Cut by AFG Fiduciary Services Limited Partnership

AFG Fiduciary Services Limited Partnership cut its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 37.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,569 shares of the company’s stock after selling 52,692 shares during the quarter. ProShares Short QQQ accounts for about 0.1% of AFG Fiduciary Services Limited Partnership’s investment portfolio, making the stock its 17th largest holding. AFG Fiduciary Services Limited Partnership owned 0.49% of ProShares Short QQQ worth $2,711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its position in 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 buying an additional 849 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of ProShares Short QQQ by 146.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the company’s stock valued at $51,000 after acquiring an additional 902 shares in the last quarter. Union Bancaire Privee UBP SA increased its stake in shares of ProShares Short QQQ by 200.0% in the third quarter. Union Bancaire Privee UBP SA now owns 3,000 shares of the company’s stock worth $93,000 after acquiring an additional 2,000 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of ProShares Short QQQ by 15.0% in the second quarter. Foundations Investment Advisors LLC now owns 6,485 shares of the company’s stock worth $218,000 after acquiring an additional 846 shares during the last quarter. Finally, Auour Investments LLC raised its holdings in shares of ProShares Short QQQ by 15.6% during the third quarter. Auour Investments LLC now owns 7,652 shares of the company’s stock worth $238,000 after acquiring an additional 1,030 shares in the last quarter.

ProShares Short QQQ Price Performance

PSQ opened at $31.53 on Friday. ProShares Short QQQ has a 1 year low of $29.24 and a 1 year high of $46.98. The stock has a fifty day moving average price of $30.50 and a 200 day moving average price of $30.69.

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.