Leuthold Group LLC grew its stake in ProShares Short QQQ (NYSEARCA:PSQ – Free Report) by 1,230.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 281,394 shares of the company’s stock after acquiring an additional 260,242 shares during the period. ProShares Short QQQ comprises 1.3% of Leuthold Group LLC’s investment portfolio, making the stock its 14th biggest holding. Leuthold Group LLC owned approximately 2.27% of ProShares Short QQQ worth $10,524,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the stock. Private Advisor Group LLC acquired a new stake in ProShares Short QQQ in the 3rd quarter valued at approximately $590,000. HighTower Advisors LLC acquired a new stake in shares of ProShares Short QQQ in the third quarter valued at $580,000. Hedges Asset Management LLC grew its stake in shares of ProShares Short QQQ by 3.5% in the fourth quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock valued at $3,579,000 after buying an additional 3,200 shares in the last quarter. Choreo LLC raised its holdings in shares of ProShares Short QQQ by 143.6% in the 4th quarter. Choreo LLC now owns 18,086 shares of the company’s stock valued at $683,000 after buying an additional 10,663 shares during the period. Finally, Clarity Financial LLC acquired a new position in ProShares Short QQQ during the 3rd quarter worth about $1,490,000.
ProShares Short QQQ Stock Performance
Shares of ProShares Short QQQ stock opened at $36.59 on Friday. The business has a 50-day moving average of $36.69 and a 200 day moving average of $38.73. ProShares Short QQQ has a 12 month low of $35.57 and a 12 month high of $47.24.
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.
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