ProShares UltraPro Short QQQ $SQQQ Shares Purchased by Gables Capital Management Inc.

Gables Capital Management Inc. lifted its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 600.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,500 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Gables Capital Management Inc.’s holdings in ProShares UltraPro Short QQQ were worth $68,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Redwood Park Advisors LLC lifted its position in ProShares UltraPro Short QQQ by 69.3% during the 1st quarter. Redwood Park Advisors LLC now owns 887 shares of the company’s stock worth $34,000 after acquiring an additional 363 shares during the period. PayPay Securities Corp lifted its position in ProShares UltraPro Short QQQ by 100.8% during the 2nd quarter. PayPay Securities Corp now owns 3,124 shares of the company’s stock worth $61,000 after acquiring an additional 1,568 shares during the period. Game Plan Financial Advisors LLC lifted its position in ProShares UltraPro Short QQQ by 16,818.2% during the 1st quarter. Game Plan Financial Advisors LLC now owns 1,861 shares of the company’s stock worth $71,000 after acquiring an additional 1,850 shares during the period. SBI Securities Co. Ltd. lifted its position in ProShares UltraPro Short QQQ by 18.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 16,070 shares of the company’s stock worth $616,000 after acquiring an additional 2,480 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in ProShares UltraPro Short QQQ during the 1st quarter worth approximately $100,000.

ProShares UltraPro Short QQQ Stock Up 0.1%

ProShares UltraPro Short QQQ stock opened at $14.35 on Wednesday. ProShares UltraPro Short QQQ has a twelve month low of $14.25 and a twelve month high of $57.80. The stock has a 50 day moving average of $16.31 and a two-hundred day moving average of $22.09.

ProShares UltraPro Short QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.2427 per share. This represents a $0.97 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Wednesday, September 24th.

ProShares UltraPro Short QQQ Profile

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.