Gunderson Capital Management LLC Buys Shares of 144,169 ProShares Short QQQ $PSQ

Gunderson Capital Management LLC purchased a new position in shares of ProShares Short QQQ (NYSEARCA:PSQ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 144,169 shares of the company’s stock, valued at approximately $4,641,000. ProShares Short QQQ accounts for about 1.9% of Gunderson Capital Management LLC’s portfolio, making the stock its 26th biggest position. Gunderson Capital Management LLC owned about 0.72% of ProShares Short QQQ as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. UBS Group AG raised its stake in shares of ProShares Short QQQ by 129.4% during the fourth quarter. UBS Group AG now owns 1,384,348 shares of the company’s stock valued at $41,807,000 after purchasing an additional 780,849 shares in the last quarter. One Plus One Wealth Management LLC grew its position in ProShares Short QQQ by 22.4% in the 1st quarter. One Plus One Wealth Management LLC now owns 533,840 shares of the company’s stock valued at $17,184,000 after buying an additional 97,522 shares in the last quarter. Jump Financial LLC bought a new position in ProShares Short QQQ in the 4th quarter valued at about $7,343,000. Game Creek Capital LP increased its stake in ProShares Short QQQ by 20.4% during the 4th quarter. Game Creek Capital LP now owns 213,750 shares of the company’s stock valued at $6,455,000 after buying an additional 36,250 shares during the period. Finally, Wakefield Asset Management LLLP raised its position in shares of ProShares Short QQQ by 29.5% during the 3rd quarter. Wakefield Asset Management LLLP now owns 204,669 shares of the company’s stock worth $6,353,000 after buying an additional 46,566 shares in the last quarter.

ProShares Short QQQ Stock Up 1.5%

Shares of NYSEARCA:PSQ opened at $26.13 on Friday. The company has a 50 day moving average of $26.47 and a 200-day moving average of $29.17. ProShares Short QQQ has a twelve month low of $24.96 and a twelve month high of $34.10.

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.